Walmart Slips 1.40% in Third Straight Day of Losses, Trading Volume Ranks 40th

On May 21, 2025, Walmart (WMT) experienced a 1.40% decline, marking its third consecutive day of losses, with a total decrease of 1.84% over the past three days. The trading volume for the day was 15.18 billion, placing it 40th in the daily market rankings.

Walmart has announced plans to cut approximately 1,500 jobs as part of a restructuring initiative aimed at reducing expenses and streamlining operations. This move is expected to impact various teams within the company, including global technology operations, e-commerce fulfillment in U.S. stores, and its advertising business, Walmart Connect. The company aims to accelerate progress in delivering future retail experiences by sharpening its focus and eliminating some roles while creating new ones. Walmart, the largest private employer in the U.S. with about 1.6 million employees, has been proactive in restructuring its workforce to adapt to changing market conditions and operational needs.