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"In prior years, people would pursue a cybersecurity college degree," Stomski said. At the same time, Wildavsky stressed that being dismissive about the value of a college degree is a mistake. "This is not about getting rid of college degrees," Stomski said, and she added that many of Walmart's corporate jobs will still require them. Examples of Walmart corporate roles that will not require college degrees including positions in operations and merchandising, but Stomski declined to be more specific. In August 2022, Walmart began eliminating around 200 corporate jobs as part of a restructuring effort amid a more challenging economic environment.
Persons: Terra, Stomski, We're, Lorraine Stomski, Julie Gehrki, Ben Wildavsky, Wildavsky, it's, , OpenAI, We've, Colleen Ammerman, Walmart's Organizations: Walmart, Walmart Inc, Terra Fondriest, Bloomberg, Getty, Target, Southern New Hampshire University, University of Arizona, University of Denver, Google, IBM, Tesla, GM, Accenture, University of Virginia, College, Marines, LinkedIn, Harvard Business School Locations: Bentonville , Arkansas, workforces, U.S, Minnesota
Scanning the headlines, it would be easy to believe that a college degree is becoming increasingly irrelevant in a fast-evolving job market. Fourteen states, including 10 in the past year alone, have dropped degree requirements for many state jobs. All this comes as college enrollment has dropped, with an assist from a tight job market and worries about student debt. Nonetheless, a look at the data suggests the skills-based hiring movement may actually amount to little more than populist virtue signaling. The evidence so far suggests that the movement may do little to expand economic opportunity.
Organizations: IBM, Accenture
Total: 2