Walmart to Cut 1,500 Jobs After Trump Told Them to 'Eat the Tariffs'
Walmart is making some big cuts.
The retail giant plans to cut about 1,500 jobs as part of a restructuring plan to lower expenses, the Wall Street Journal reported on Wednesday (May 21).
The company’s plan will impact teams in its global technology operations, e-commerce fulfillment in U.S. stores, and its advertising business Walmart Connect, per the report.
Keep reading to find out more…
Walmart is the largest U.S. private employer with about 1.6 million employees, with 2.1 million employees worldwide in total, per the official website.
Reuters reports it’s also the country’s biggest importer with about 60% of its imports, mainly items such as clothing, electronics and toys, from China.
The company said last week it would raise prices for some products by the end of May as President Donald Trump‘s trade war hits its supply chain.
The move prompted President Trump to criticize the company.
“Walmart should...
The retail giant plans to cut about 1,500 jobs as part of a restructuring plan to lower expenses, the Wall Street Journal reported on Wednesday (May 21).
The company’s plan will impact teams in its global technology operations, e-commerce fulfillment in U.S. stores, and its advertising business Walmart Connect, per the report.
Keep reading to find out more…
Walmart is the largest U.S. private employer with about 1.6 million employees, with 2.1 million employees worldwide in total, per the official website.
Reuters reports it’s also the country’s biggest importer with about 60% of its imports, mainly items such as clothing, electronics and toys, from China.
The company said last week it would raise prices for some products by the end of May as President Donald Trump‘s trade war hits its supply chain.
The move prompted President Trump to criticize the company.
“Walmart should...
- 5/21/2025
- by Just Jared
- Just Jared
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