Walmart is cutting jobs to lower costs
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In a memo to staff, executives said roles in the global tech team would be cut to simplify its structure and "facilitate speed and innovation."
U.S. retail bellwether Walmart is planning to cut about 1,500 jobs as part of a restructuring push to simplify its operations, according to a memo seen by Reuters.
U.S. companies are also still cautioning about how tariffs could affect their businesses. On Walmart 's ( WMT -1.35%) earnings call last week, CEO Doug McMillon warned about potential repercussions. President Trump responded on social media that Walmart makes billions of dollars in sales, and that it should "eat the tariffs." But can it?
Walmart founder Sam Walton's three surviving children have a collective net worth of nearly $400 million, more than Jeff Bezos or Mark Zuckerberg.
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Walmart has same-day delivery or next-day shipping for a number of Blackstone grills and griddles, with prices under $100.
Walmart has a seemingly endless supply of affordable sets, many of which we've spotted on sale. Our latest find is the Hig 8-Piece Comforter Set that's currently $45, which is a 55% discount from its original $100 price tag.
Walmart walked back its projection that it would hike prices across its stores after President Donald Trump called out the retailer. In its last earnings call with investors, the retailer blamed tariffs for anticipated losses.
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MiBolsilloColombia on MSNTariffs aren't Walmart's only problem; boycotts and backlash are growingT he CEO of Walmart, Douglas McMillon, has highlighted the impact of higher tariffs on the company's pricing strategy. With a significant portion of goods sourced from China, Walm