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Walmart CEO wants ‘everybody to make it to the other side’ and the retail giant will keep headcount flat for now even as AI changes every job

CEOs aren’t shying away from what labor market experts have been saying for months: AI is transforming the workforce. From bankers to consulting firms, business leaders are restructuring rapidly as AI adoption becomes mission critical. CEOs of global companies expect AI investments to more than double in two years, and 61% are actively adopting AI … Read more

Why Walmart’s CEO says AI won’t lead to lower headcount

Walmart’s U.S. operations employ roughly 1.6 million people today. And if Walmart U.S. CEO John Furner’s instincts are right, that number will hold steady in the coming years, despite all the talk of how the growing use of artificial intelligence (A.I.) might decimate jobs across the economy. “When we look out two years, three years, … Read more

Shopify CEO tells teams to consider using AI before growing headcount

In a recent memo to employees, Shopify CEO Tobi Lütke made a bold policy change: teams must demonstrate why AI can’t perform a job before they’re permitted to ask for more headcount and resources. “Before asking for more headcount and resources, teams must demonstrate why they cannot get what they want done using AI,” Lütke … Read more

Headcount at the world’s largest real estate brokerage is shrinking, and two lawsuits claiming sexual assaults inside the company may offer clues as to why 

eXp Realty founder Glenn Sanford built the largest independent real estate brokerage in the world, with about 83,000 agents, by promising to share the company’s revenue with his staff. But a decline in agents on his watch for the first time ever suggests the revenue-sharing model that put eXp Realty on the map might now … Read more

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