Walmart axes 1,000 roles in tech restructuring move

Walmart is set to cut or relocate around 1,000 corporate employees as it restructures its global technology and AI product teams. Head of global AI acceleration Daniel Danker and global technology chief Suresh Kumar reviewed internal structures and moved to reduce overlapping work. The changes come as Walmart increases AI investment under CEO John Furner to strengthen digital capabilities and compete with Amazon, Costco and Aldi. (Storyboard 18)