Why Are 21 Billionaires Moving Their Money ASAP?

One of the biggest stock market events in 25 years is rapidly unfolding... The economist who predicted the 2008 Financial Crisis says it will be: "The Biggest Crash of Our Lifetime." Starting November 19 it could cut the entire tech marketing by HALF.

How Walmart plans to prepare America's largest private workforce for an AI-driven future

ANNE D'INNOCENZIO
September 28, 2025

BENTONVILLE, Ark (AP) -- As artificial intelligence and demographic changes reshape the U.S. job market, the nation's largest private employer is trying to identify the skills its workers and the broader labor force might need for the future.

Walmart on Thursday hosted more than 300 workplace experts and representatives from other companies participating in the Skills-First Workforce Initiative, a project to develop and fill stable jobs based on what people know how to do instead of whether they attended college.

The retailer already has launched its own employee training and certification programs to meet Walmart's need for truck drivers and maintenance technicians, two roles for which U.S. companies say they can't recruit fast enough as experienced tradespeople retire.

Walmart says it plans to offer a similar AI skills program next year through a new collaboration with OpenAI, the company behind ChatGPT.

The Associated Press sat down with Walmart CEO Doug McMillon at the company's sprawling headquarters in Bentonville, Arkansas, to talk about AI and the American workforce. The interview has been edited for clarity and length.

AP: What's your view of the overall health of the job market, given the uncertainty about tariffs and the economy?

MCMILLON: I would say pretty much a steady state. Turnover numbers are coming down. I'm remembering what happened during the pandemic and relative to that experience, things feel much more stable now. I think the pace of change in the employment market is just smaller and easier to manage.

AP: What are the biggest factors affecting Walmart workers? Fear of AI, or their paychecks not keeping pace with inflation?

MCMILLON: We continue to invest in wages. So I think that's helping some, and that process will continue. As it relates to AI and the future of employment, I think for the most part, our folks are enthusiastic about it because they've seen new tools that they're receiving that are making their jobs better. That's helping them take fewer steps.

And our sales are growing so much. I think people are optimistic about the future of what their life can look like.

AP: Which jobs might be eliminated or added because of AI?

MCMILLON: I think no one knows how this is going to play out exactly. And the way it feels to me is that basically every job gets changed. And I think the best way to think about it is getting "plussed up." So how can I lean in the role that I have, regardless what that role is, to adopt new tools, leverage them and make things better than they would've otherwise been?

As I look across our company, we have everything from store associates to supply chain associates. Of the 2.1 million people (globally), something less than 75,000 of them are home office jobs. All the other ones are working in a store, a club, a distribution center. And I think those jobs change more gradually. We are still going to want to serve customers and members with people. The change as it relates to the home office jobs probably happens faster.

AP: When will you have a clearer idea?

MCMILLON: I don't know there'll be a moment where we all have clarity. I think the way for all of us to approach it, especially here at Walmart, is just in a very transparent, honest, human, straightforward way, talking to people real time about what we're learning and what we're doing and why we're doing it. That's the way that we plan to lead through this.

AP: Do you think AI will result in fewer workers at Walmart?

MCMILLON: One of the biggest areas of change in the last decade is related to associates that work in our stores, picking orders for delivery and pickup for our customers. And we have something north of 200,000 people doing that job, and yet we have about the same (total) number of people working in Walmart U.S.

How did we do that? Other tasks and other jobs changed, which enabled us to create new jobs that paid more and have fewer of the older jobs that went away. I hope what happens as we lead through this is that there will be pluses and minuses, but the net ends up being even more people because we have more ideas of how to grow.

AP: What do you think are the most coveted skills?

MCMILLON: The first thing that comes to mind is store managers. Being a store manager is such a great job and such a challenging job. And it's a job that pays well, and it pays well for a reason. You're interacting with the community with large numbers of people. You have a large number of associates. You have big sales numbers to deliver. And those skills that the store manager has are both human and technical. I think the skills that we have as human beings are valuable. They always have been, and that'll be even more true in the future.

AP: Why are there shortages in roles like maintenance technicians?

MCMILLON: To some degree, it's a lack of awareness. I think most Americans probably don't know what a tech makes that helps take care of our stores and clubs and that we can help them learn how to be a tech. The same thing's true for our drivers. So we have a need to get the word out so that people know there are some great jobs.

AP: Do you think Walmart will be able to fill such gaps as the immigrant pool shrinks?

MCMILLON: We've been able to do that so far, and I expect that we'll continue to find great people that want to join the company and our turnover rates are down, which is helpful.

AP: How critical is this initiative focused on skills-based hiring?

MCMILLON: I think as we all work to learn and navigate the future towards a world where AI fulfills its promise, the best way to do that is to work together and to share information and learn together. It'll speed up our ability to get ahead of this so that we can do a better job of setting our associates up for success. And that's ultimately what we're trying to do. The change that's happening in the world is going to happen. Our choice is to lean in, learn (and) help lead so there are better outcomes for everybody involved.

Continue Reading...

Popular

We've Seen This Before... and It Didn't End Well - Ad

Strange events are unfolding in the global financial system. A monetary reset dubbed the "Mar-a-Lago Accord" is quietly in motion, and the financial elite are already taking protective action. If history is any guide, you could lose up to 40% of your wealth in the next two years. Move your money before it's too late.

Shutdown to leave mark on US economy from lost paychecks, canceled flights

WASHINGTON (AP) — The longest federal government shutdown in U.S. history appears to be nearing an end, but not without leaving a mark on an already-struggling economy.

"Tech Prophet" Who Predicted the iPhone Now Predicts... - Ad

George Gilder - who predicted the iPhone 17 years early and gave Reagan the first microchip - is making his boldest call yet. He says an American nanotech "super-convergence" could mint more millionaires than any event in recent memory. He's found 3 stocks set to benefit before November 18's bombshell.

Shaquille O'Neal's $180,000 Range Rover Stolen in Suspected Hacker Heist

The custom Range Rover belonging to Shaquille O'Neal has been stolen, reportedly due to a cyber attack.

[Revealed] Trump's Next AI Executive Orders? - Ad

A White House insider with direct ties to Trump's inner circle just revealed what he calls "Manhattan II" - a potential $2.2 trillion AI initiative. He says this could mirror past U.S. projects that minted fortunes - with small firms soaring 5,000% to 10,000% over two decades. And now he's giving away his #1 stock pick for free before the deadline.

A United Airlines emergency landing likely caused by collision with a weather balloon

A United Airlines plane appears to have collided with a weather balloon while cruising over Utah at 36,000 feet last week, fracturing layers of its windshield and forcing an emergency landing.

After 50 Years of Chemo, One Biotech Could Lead the Next Cancer Breakthrough - Ad

For decades, toxic chemotherapy defined cancer care. This biotech's innovative approach could finally change that. With early results showing precision without poison, this story is one investors will want to see early.

Monkey escape in Mississippi gives a glimpse into the secretive world of animal research

The recent escape of several research monkeys after the truck carrying them is the latest glimpse into the secretive industry of animal research and the processes that allow key details of what happened to be kept from the public.

Nvidia CEO: E.I. Will Be as Common as Cars Today - Ad

E.I. isn't science fiction anymore. It's already here. And one little-known company is quietly supplying the systems behind it. This stock is still under Wall Street's radar... but not for long. You'll get the name, the ticker, and the full thesis inside.

Why D-Wave Quantum (QBTS) Stock Is Getting Hammered Today

Shares of D-Wave Quantum are trading lower Wednesday afternoon, caught in a broader market downturn.

Looking For The Next Beyond Meat? Here Are The Top 10 Most Shorted Stocks

Here's a look at the most heavily shorted stocks in the market as investors look for the next Beyond Meat.

Forget Amazon's 1997 IPO... This Could Be 287 Times Bigger - Ad

Since Amazon's IPO in 1997, it climbed enough to turn $100 into $250,000. Now, one man says Elon Musk could be gearing up to take his internet satellite giant public... in what Fortune magazine says will be the biggest IPO in history! James Altucher is sharing how ANYONE can get a pre-IPO stake... with as little as $100!

3 Communication Stocks Making Big Moves On Value Metrics

Three communication service stocks posted sharp gains in Benzinga's value rankings this week, highlighting renewed investor interest in the sector. Here's what investors need to know.

Abu Dhabi hosts oil summit as OPEC+ halts production hikes planned for first quarter of 2026

ABU DHABI, United Arab Emirates (AP) — Abu Dhabi hosted a major oil summit Monday, hours after the OPEC+ cartel and its allies said it would halt further production increases planned in the first quarter of 2026 over concerns of too much supply in the market.

Trump Signs Law to Launch Dollar 2.0 - Ad

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

Michigan terminates controversial EV battery plant and seeks to claw back millions in incentives

LANSING, Mich. (AP) — Michigan is demanding millions of dollars in incentives back from a Chinese company after plans to build an electric vehicle battery plant collapsed following against the project from neighbors and members of Congress.

What's Going On With Archer-Daniels-Midland Today?

ADM edges higher after a Q3 EPS beat, revenue miss, mixed segment results, and a lowered 2025 profit outlook.

Elon's New Device Could Launch Biggest IPO of the Decade - Ad

Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.

Amazon AWS Is Down Again, Microsoft Azure Too

Amazon's AWS and Microsoft Azure are both experiencing outages on Wednesday.

Shutdown stalemate set to drag into sixth week as Trump pushes Republicans to change Senate rules

WASHINGTON (AP) — Republicans and Democrats remained at a stalemate on the over the weekend as it headed into its sixth week, with for millions of Americans and President Donald Trump pushing GOP leaders to change Senate rules to end it.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as January 29.

AP Business News Digest

Here are the AP's top business stories that have moved or are planned to move today. All times U.S. Eastern. For up-to-the minute information on AP's coverage, visit AP Newsroom’s .

Nasdaq Surges Over 100 Points, Records Gains In October: Greed Index Remains In 'Fear' Zone

CNN Money Fear and Greed index remained in Fear zone on Friday. US stocks closed higher, Nasdaq up 4.7% in October. Amazon reported earnings.

Why Are 21 Billionaires Moving Their Money ASAP? - Ad

One of the biggest stock market events in 25 years is rapidly unfolding... The economist who predicted the 2008 Financial Crisis says it will be: "The Biggest Crash of Our Lifetime." Starting November 19 it could cut the entire tech marketing by HALF.

Elon Musk Tells Joe Rogan: 'Trump Actually Is Not Perfect, but He's Not Evil'

In a Friday appearance on The Joe Rogan Podcast, Elon Musk defended President Donald Trump, stating that while Trump is "not perfect," he is also "not evil."

European Union agrees on new sanctions against Russia targeting its shadow oil fleet and LNG imports

BRUSSELS (AP) — The European Union has agreed on a new raft of sanctions against Russia targeting its shadow fleet of oil tankers and banning its imports of liquefied natural gas, the Danish EU presidency announced Thursday.

We've Seen This Before... and It Didn't End Well - Ad

Strange events are unfolding in the global financial system. A monetary reset dubbed the "Mar-a-Lago Accord" is quietly in motion, and the financial elite are already taking protective action. If history is any guide, you could lose up to 40% of your wealth in the next two years. Move your money before it's too late.

Instacart Powers Grubhub's Grocery Blitz Across America

Grubhub taps Instacart for nationwide grocery ordering, with Instacart fulfillment, pharmacy additions coming, and promos boosting adoption despite CART dip.

Bloom Energy's Power Play With Data Centers Sends Stock Skyrocketing

Bloom Energy Corp. (BE) raised revenue guidance after Q3 beat, driven by strong product sales and expanding appeal of fuel cell technology.

"Tech Prophet" Who Predicted the iPhone Now Predicts... - Ad

George Gilder - who predicted the iPhone 17 years early and gave Reagan the first microchip - is making his boldest call yet. He says an American nanotech "super-convergence" could mint more millionaires than any event in recent memory. He's found 3 stocks set to benefit before November 18's bombshell.

Mining giant Anglo American faces class action appeal over alleged lead poisoning in Zambia

CAPE TOWN, South Africa (AP) — An appeal hearing opened Monday in South Africa on whether a subsidiary of British-based mining company was responsible for lead poisoning over decades that affected around 140,000 people in .

[Revealed] Trump's Next AI Executive Orders? - Ad

A White House insider with direct ties to Trump's inner circle just revealed what he calls "Manhattan II" - a potential $2.2 trillion AI initiative. He says this could mirror past U.S. projects that minted fortunes - with small firms soaring 5,000% to 10,000% over two decades. And now he's giving away his #1 stock pick for free before the deadline.

IRS Direct File won't be available next year. Here's what that means for taxpayers

WASHINGTON (AP) — IRS Direct File, the electronic system for filing tax returns for free, will not be offered next year, the Trump administration has confirmed.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright activatrade.ca
Privacy Policy | Terms of Service