After Procter & Gamble cuts 7,000 jobs, Walmart now set to lay off over 100 tech workers in California
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Walmart is cutting 106 tech jobs at its Global Tech office in San Bruno, California. These jobs will be permanently gone by August 22. These layoffs are part of a bigger plan by Walmart to cut around 1,500 corporate jobs across the U.S., as per reports.The job cuts will affect people working in global technology, U.S. e-commerce fulfillment, and advertising teams. Walmart says this is part of a 'restructuring' to help make decisions faster and to improve operations in a fast-changing business world.The company wants to 'accelerate how we deliver and adapt' to customer needs. In their words, the goal is to 'sharpen focus' and deliver the kind of retail experience they think people will want in the future.Walmart is America's largest private employer with around 1.6 million workers in the U.S. Even though some jobs are being cut, Walmart says it is also creating new roles at the same time. But Walmart has refused to make any public comments about these specific layoffs, as per the report by San Francisco Chronicle.These layoffs are happening just as Procter & Gamble also cut 7,000 jobs, showing a trend in big U.S. companies trimming workforce. Recently, during a company earnings call, Walmart warned that tariffs from the Trump administration might make things more expensive for customers, as per reports.After the layoff news, former President Trump posted on Truth Social that Walmart shouldn't raise prices and instead 'eat the tariffs' because it made billions in profits last year.Walmart leaders told Wall Street Journal that the layoffs are not because of trade or political issues, but instead are part of a long-term business plan, as per Wall Street Journal.Walmart says it's to make teams faster and more focused for future growth.No, Walmart says the layoffs are part of a long-term business plan, not trade issues.
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Indian Express
22 minutes ago
- Indian Express
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Hindustan Times
22 minutes ago
- Hindustan Times
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Economic Times
23 minutes ago
- Economic Times
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