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.

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

Walmart plans to cut 1,500 jobs as part of an effort to adapt to the changing environment of the economy and technology. The Wall Street Journal was the first to report the cuts that will mostly take place in corporate positions,