U.S. retail bellwether Walmart is planning to cut about 1,500 jobs as part of a restructuring push to simplify its operations, according to a memo seen by Reuters. The company's plan will impact teams in its global technology operations,

Walmart ( WMT) is laying off workers as part of a U.S. restructuring the retailing giant said was designed to "sharpen our focus" in order to "accelerate our progress delivering the experiences that will define the future of retail." The Wall Street Journal reported that 1,500 U.S. corporate positions would be eliminated.

Walmart is planning layoffs in a restructuring aimed at managing its expenses and speeding up decision-making.