Walmart Eliminates About 1,500 Jobs on Its Technology Team (3)

Walmart Inc. is cutting corporate staff in the company’s headquarters in Bentonville, Arkansas, and other offices, people familiar with the matter said, as the world’s biggest retailer looks to trim costs and contends with economic volatility.

The company is eliminating some jobs on its global technology team, according to people with knowledge of the layoffs who weren’t authorized to speak publicly about the matter. Less than 1,500 employees are affected, one of the people said.

Changes are aimed at accelerating decision-making and reducing complexities, Chief Technology Officer Suresh Kumar and Walmart US Chief Executive Officer John Furner wrote in a ...