Walmart announces 1,500 job cuts after Trump tells US retail giant to 'eat the tariffs'

鬼百合

Let It Burn!

Synopsis

Walmart is set to eliminate approximately 1,500 corporate positions as part of a restructuring effort aimed at streamlining operations and cutting expenses. The job cuts will affect various divisions, including global technology, e-commerce, and Walmart Connect. This decision comes amidst earlier warnings from Walmart about potential price increases due to tariffs, a claim disputed by President Trump.​

 

Synopsis

Walmart is set to eliminate approximately 1,500 corporate positions as part of a restructuring effort aimed at streamlining operations and cutting expenses. The job cuts will affect various divisions, including global technology, e-commerce, and Walmart Connect. This decision comes amidst earlier warnings from Walmart about potential price increases due to tariffs, a claim disputed by President Trump.​

These are the higher paying Walmart jobs!
 
At least it's at the mgmt. level for a change. Hard to pity them.

Agreed. No love lost for the C-suite, but really any "job loss" is going to hit wrong in America's New Golden Age of prosperity.

So now we also add in "unemployment increases" along with "price increases" and "inflation increases" as the necessary part of all the good stuff MAGA is going to bring to us, right?

Can't wait! Hope all the good stuff hits us before the loss of income starves us.
 
Agreed. No love lost for the C-suite, but really any "job loss" is going to hit wrong in America's New Golden Age of prosperity.

So now we also add in "unemployment increases" along with "price increases" and "inflation increases" as the necessary part of all the good stuff MAGA is going to bring to us, right?

Can't wait! Hope all the good stuff hits us before the loss of income starves us.
I'm truly blessed that none of the shit trump does affects my income. My clients might have to pay a little more for materials, but I'm always very busy.
 
Tariffs are meant to mitigate a trade imbalance.

Imposing them after the thorough deindustrialization of American is serious "horse left the barn" action.

The under-regulation of the American private sector has since resulted in American-style capitalism become totally dysfunctional,
and neither party is even hinting at acknowledging that.
 
Tariffs are meant to mitigate a trade imbalance.

Imposing them after the thorough deindustrialization of American is serious "horse left the barn" action.

The under-regulation of the American private sector has since resulted in American-style capitalism become totally dysfunctional,
and neither party is even hinting at acknowledging that.
Precisely. trump understands nothing about business, or foreign/domestic policy. He's a carnival barker.

IF there were still manufacturing in the U.S, then tariffs would work to make everything as expensive as Made In U.S.A.

Which is how tariffs used to work.

Now he does it out of spite because he's impotent. He wants to project a strong image, but he looks like a clown on the world stage.
 

Synopsis

Walmart is set to eliminate approximately 1,500 corporate positions as part of a restructuring effort aimed at streamlining operations and cutting expenses. The job cuts will affect various divisions, including global technology, e-commerce, and Walmart Connect. This decision comes amidst earlier warnings from Walmart about potential price increases due to tariffs, a claim disputed by President Trump.​


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Walmart’s supply chain is dependent upon imports, and it is doubtful anyone is going to build a factory in the US to produce three dollar Tshirts
 

Synopsis

Walmart is set to eliminate approximately 1,500 corporate positions as part of a restructuring effort aimed at streamlining operations and cutting expenses. The job cuts will affect various divisions, including global technology, e-commerce, and Walmart Connect. This decision comes amidst earlier warnings from Walmart about potential price increases due to tariffs, a claim disputed by President Trump.​

This sure won't help Crazy Trump's sinking approval rating.
 
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