Walmart US CEO talks inflation, self-checkout, and paying six-figures to non-college degree workers

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Walmart US CEO talks inflation, self-checkout, and paying six-figures to non-college degree workers
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The retailer is offering more skills certificates to workers wanting to advance.

In an exclusive and far-reaching interview with ABC News, John Furner, president and CEO of Walmart U.S., talked about the retail giant’s push to hire more non-college degree workers for high-paying corporate jobs at the company.

This year, Walmart says it has doubled the number of skills certificates it offers to help people move into higher-paying careers within the company, such as software engineers, data scientists, and opticians. Walmart says certificate programs take associates about four months on average to complete, compared to years for a degree.

The shift to skills-based hiring comes as the cost of a college education continues to rise. Boston University, Tufts and New York University are among the schools that now cost nearly $100,000 a year to attend. In this April 3, 2024, file photo, a woman scans items at self-service checkout at a Walmart megastore in North Carolina.“There are a few stores where we've made the decision that they'll come out of, but we haven't made that decision in every store,” he said. “Over the next few years, we're really going to lean into new types of technology that can make the checkout process even better for customers.

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