Walmart is cutting or relocating about 1,000 corporate workers as the retail giant overhauls its technology and product teams amid a broader push into artificial intelligence and automation. The layoffs and relocations were outlined in a memo sent Tuesday by Walmart executives Daniel Danker and Suresh Kumar,

The layoffs come as Walmart’s stock trades at a record high. It’s seen as a winner as consumers become increasingly cautious due to high energy prices. Walmart stock is up 17% this year, outperforming the S&P 500’s ( ^GSPC) 8% gain.

Walmart layoffs in May 2026 cut roughly 1,000 corporate roles while the company keeps aggressively hiring store and warehouse workers.

The new Sweet & Tangy Frosted Cookies are rolling out exclusively to Walmart stores now for a limited time. So, whether you're a fan of Nerds or Mother's Cookies, or are curious to know how a crunchy Nerd candy would taste on a soft butter cookie, don't miss the opportunity to give these fun snacks a try.

These stocks have been safe-haven stocks for investors in recent years, but they both look fairly pricey right now.

The giant retailer, at about 1.6 million domestic employees the largest private employer in the U.S., will cut or relocate some 1,000 corporate jobs.

As warmer weather starts to roll in, a comfortable lounge set can easily become one of the most reached-for pieces in your wardrobe. These coordinated outfits are easy to slip on and create an instant outfit without much effort.