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. The company's plan will impact teams in its global technology operations,

Walmart has announced plans to lay off 1,500 corporate employees, part of what it calls a restructuring as it weighs plans to raise prices amid Trump administration tariffs.

Walmart ( WMT) is laying off workers as part of a U.S. restructuring the retailing giant said was designed to "sharpen our focus" in order to "accelerate our progress delivering the experiences that will define the future of retail." The Wall Street Journal reported that 1,500 U.S. corporate positions would be eliminated.