The restructuring aims to reshape teams in global technology operations, e-commerce fulfillment in the US and the Walmart Connect advertising business, the report said.

The company will also add new roles that better align with future goals, the report said.

Walmart didn't immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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