Walmart planning to cut nearly 1,500 jobs to simplify operations, report says

BENTONVILLE, Ark. (KNWA) — Walmart is planning to eliminate nearly 1,500 jobs in a restructuring effort designed to cut expenses and to speed decision-making, according to a report from the Wall Street Journal.

A notice sent to Walmart's U.S. employees and obtained by Nexstar's KNWA said the company plans to reshape its global technology operations, the e-commerce fulfillment managers that support U.S. stores, and Walmart Connect, its advertising business.

Walmart responds...