Walmart, the biggest private - sector employer in the United States, is taking proactive measures to address the profound changes in the labor market driven by artificial intelligence. During a workforce summit held in Bentonville, Arkansas, Doug McMillon, the CEO of Walmart, unequivocally stated that AI is poised to reshape nearly every job. This transformation will see the disappearance of certain positions while simultaneously giving rise to new ones.
Walmart's senior management team is conducting a comprehensive and systematic assessment of how each job role will need to adapt. This evaluation serves as a crucial guide for formulating employee retraining initiatives. The primary objective is to facilitate a seamless transition for employees into this new era of work.
Despite the ongoing transformation, Walmart anticipates that its global workforce, which currently numbers around 2.1 million employees, will maintain its overall stability over the next three years. However, the mix of job roles within the company is expected to undergo significant changes.