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, 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.

Walmart Inc. plans to cut around 1,500 jobs, the Wall Street Journal reported on Wednesday, as the big-box chain tries to manage costs and accelerate decision-making amid broader efforts by retailers and consumers to navigate inflation and tariffs.

President Donald Trump has ripped into Walmart, saying on social media that the retail giant should eat the additional costs created by his tariffs.

Stock futures drop as investors worry about tariffs and Treasury yields as President Donald Trump's tax bill continues to travel through Congress.

President Donald Trump has threatened to impose tariffs of up to 50% on European imports, just 48 hours after celebrating a legislative victory with his tax reform plan.