By Conor Grant
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In the Workplace
Walmart's CEO issued an AI wake-up call, saying the technology will wipe out some jobs and reshape the company's workforce. Doug McMillon's remarks -- which echo those made by leaders at Ford, JPMorgan Chase and Amazon -- reflect a rapid shift in how executives discuss the potential human cost of AI.
Women who outearn their husbands have a new model: Taylor Swift and Travis Kelce. Fans following the engagement between the pop icon and football star have noted that she's the higher earner, a once-taboo dynamic that's increasingly common.
Management & Leadership
The leader of American Eagle dodged Sydney Sweeney backlash, in part, by directing employees not to comment on ads that were labeled racist and sexist by critics. "You can't run from fear," said CEO Jay Schottenstein. "We stand behind what we did." The company said sales improved after the campaign.
Some founders think they need not one but two successors. Spotify's Daniel Ek became one of the latest to step down and be succeeded by co-CEOs. Oracle and Comcast also recently announced joint CEOs, even though the move has a mixed record.
GSK said CEO Emma Walmsley would step down, after she led the drugmaker through the Covid-19 pandemic, tensions with activist investor Elliott Management and a portfolio shake-up that included the spinoff of its consumer-healthcare business.
The Big Number
The number of jobs that Germany's Robert Bosch said it plans to cut over the next five years as the company leans into AI to maximize productivity across its sprawling car-parts and technology business.
State of the Workforce
Laid-off tech workers say the H-1B crackdown won't help them get jobs. The Trump administration's new fee for the visas are intended to open up opportunities for U.S. tech workers. Yet many American job hunters who spoke with WSJ said they don't expect the policy to improve a dismal job market.
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(END) Dow Jones Newswires
October 01, 2025 10:08 ET (14:08 GMT)
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