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.

Retail bellwether Walmart plans to cut about 1,500 jobs as part of a restructuring plan to lower expenses, the Wall Street Journal reported on Wednesday, citing a person familiar with the matter. The company's plan will impact teams in its global technology operations,

Walmart, the nation's largest private employer, is cutting about 1,500 jobs as it tries to cut overhead costs and streamline operations as economic pressures weigh.