Walmart says it's cutting roles to 'remove layers and complexity'

Walmart is laying off corporate staff in the US to "remove layers and complexity." The retailer will lay off 1,500 employees, The Wall Street Journal reported on Wednesday, citing people familiar with the matter. Bloomberg, citing anonymous sources, reported that the layoffs were in the company's Arkansas headquarters and other offices.The retailer's US CEO, John Furner, and global technology chief, Suresh Kumar, announced the layoffs in a Wednesday memo to corporate staff titled "Building for the future," ...