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

Group 1 - Walmart is laying off 1,500 corporate employees to streamline operations and enhance decision-making efficiency [1][2] - The layoffs will primarily affect teams in the Global Tech and Walmart U.S. organizations, aiming to simplify structure and foster innovation [2][3] - Despite the layoffs, Walmart plans to create new roles aligned with its business priorities and growth strategy [3] Group 2 - The layoffs at Walmart are part of a broader trend among major companies, including Amazon and Google, which are also reducing middle management to improve efficiency [3] - Walmart's recent earnings call indicated a 2.5% revenue growth year-over-year, with sales reaching $165.60 billion [5] - The company imports a third of its products from countries like China, Vietnam, and Mexico, and is facing challenges due to tariffs, which are expected to lead to higher prices for consumers [4][5]