Walmart layoffs, on the record
Every job cut, severance charge and restructuring Walmart reported in its annual reports, 2023 to 2026, quoted from the filings.
Job cuts, severance and restructuring
Our summaryWalmart recorded charges for reorganizing and restructuring certain businesses in its Walmart International segment, which raised operating expenses as a share of net sales.
Word for word“Operating expenses as a percentage of net sales were impacted by charges of $3.3 billion related to opioid-related legal settlements and charges of $0.8 billion related to the reorganization and restructuring of certain businesses in the Walmart International segment.” 10-K for 2023
Our summaryWalmart's International segment incurred business reorganization and restructuring charges tied to Flipkart and Massmart in the fourth quarter, which raised its operating expense ratio.
Word for word“The increase in operating expenses as a percentage of segment net sales for fiscal 2023 was primarily due to business reorganization and restructuring charges incurred related to Flipkart and Massmart during the fourth quarter.” 10-K for 2023
Our summaryWalmart incurred business reorganization and restructuring charges related to Flipkart and Massmart in fiscal 2023, which it did not repeat in fiscal 2024.
Word for word“The decrease in operating expenses as a percentage of segment net sales for fiscal 2024 was primarily due to the lapping of business reorganization and restructuring charges incurred related to Flipkart and Massmart in fiscal 2023 and an increase in sales in the current year.” 10-K for 2024
Our summaryWalmart International operating expenses fell as a share of sales in fiscal 2024 because the prior year's reorganization and restructuring charges for Flipkart and Massmart did not recur.
Word for word“The decrease in operating expenses as a percentage of segment net sales for fiscal 2024, was primarily due to the lapping of business reorganization and restructuring charges incurred related to Flipkart and Massmart in fiscal 2023 and an increase in sales in fiscal 2024.” 10-K for 2025
Our summaryThe company reported that operating results and return on investment were reduced in part by other business restructuring charges, with no further details given.
Word for word“ROI benefited from increased operating income due to improved business performance, which was partially offset by the incremental non-cash share-based compensation charge at PhonePe as well as certain legal matters and other business restructuring charges.” 10-K for 2026
| Fiscal year ended | Restructuring charges |
|---|---|
| 2018-01-31 | $1.2 billion |
Walmart has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Walmart’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-03-13. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.