Walmart Axe’s 1,500 Pour Souls In Brutal Attempt to EAT THE TARIFFS…

So Walmart is laying off 1,500 poor souls. Which is kind of weird considering this comes less than a week after Big Don publicly ALL CAPS roasted Walmart and warned them not to raise prices. So, naturally, the company has officially responded by cutting jobs and then pretending those two things aren’t connected. 

(Source: Giphy) 

In short, according to a quiet internal memo, and a few vague leaks to the press… the 1,500 jobs that are headed toward the guillotine were just friction in the system. The layoffs hit the global tech team, which is funny, because Walmart’s been trying to sell itself as a tech company for years now. Remember the whole “we’re not just a retailer, we’re a platform” fantasy? Yeah that’s dead. They’re slicing through the same departments they used to parade around during earnings calls. E-commerce fulfillment? Gone. Walmart Connect, the ad business they swore would rival Amazon’s? Also hit.

What’s more is that Walmart’s sales are fine. They even bragged about them last quarter. But they also said tariffs are forcing them to raise prices, and now according to the most powerful man in the country… They have to eat them. Meaning, executives are scrambling to show they’re being responsible… without single-handedly becoming the villain of retail. Translation: find the first thousand people who can’t sue us and get them off payroll before the weekend. 

(Source: Wall Street Journal) 

Now of course, in the grand scheme of things… it does make sense, especially for the optics. With consumer sentiment literally cratering into the abyss with its second worst reading in history…. Sacrificing 1,500 employees looks better in the headlines than jacking up the price of Cheerios by 30 cents. But even still, this isn’t the first round of layoffs for Wally World.

They already did this in February. Same playbook. Job cuts, forced relocations, cost-cutting hidden under fake strategy language. Now they’re doing it again, only louder and with less shame. If you think this stops at 1,500, you haven’t been paying attention. There’s about to be a brinks truck more from savings due to firings. And yet, Walmart is still doing better than most. 

(Source: Giphy) 

Target’s legit dying in the middle of the battle field, and department stores across the country are circling the drain. And even with solid sales, Walmart’s already ripping out the middle of its org chart because they know what’s coming. Inflation’s not going away. Tariffs are staying. And the government is now openly threatening companies who try to pass costs to consumers. So who pays instead? The people inside the building. Always.

In the end, we’ll see how this impacts share prices today as Walmart is down -0.5% in pre-market. For now though, keep your eyes out for more layoffs coming and stay tuned for more market chaos going forward. Until next time, friends… 

P.S. Some fat cat executive just sold $9.4 million of their company's stock… a company, mind you, that’s single-handedly responsible for your kid’s sugar rush before 8 a.m. Curious to see why? Click here to join Stocks.News premium and get these insider transactions delivered to you on a silver platter. 

Stocks.News holds positions in Amazon as mentioned in the article.