HOBOKEN, NJ — Walmart is cutting approximately 1,500 jobs from its Global Tech division as part of a corporate restructuring effort aimed at streamlining operations and improving decision-making, the company confirmed Wednesday.
This comes after a previous announcement earlier this year that the company will layoff nearly 500 people at its Hoboken, New Jersey corporate headquarters.
The layoffs will impact corporate employees and not store-level associates, according to a person familiar with the matter. The move follows a broader effort by the retail giant to simplify its technology organization and adapt more quickly to industry changes.
“In Global Tech, we are evolving teams across the organization, with a focus on simplifying our structure to facilitate speed and innovation,” said a memo sent to employees by Suresh Kumar, Walmart’s global chief technology officer and chief development officer, and John Furner, president and CEO of Walmart U.S.
The company described the restructuring as necessary to “remove layers and complexity” and allow for faster decision-making. The memo noted that the technology landscape is changing rapidly and that Walmart’s structure must adapt to support continued innovation.
Walmart said that while it is eliminating some positions, it is also creating new roles within Global Tech. The company did not disclose details on the new job opportunities or where they will be located.
Layoffs target tech sector as part of wider efficiency strategy
The job cuts are part of Walmart’s ongoing efforts to modernize its operations and remain competitive in a rapidly evolving retail environment. In recent years, Walmart has invested heavily in automation, artificial intelligence, and digital services, which have increasingly shaped its approach to staffing and resource allocation.
Walmart is the largest private employer in the U.S., with over 2 million employees globally. While the company has reduced corporate staff in select areas in recent years, this marks one of its largest known cuts in the tech division.
