Walmart shareholders reject proposal requiring the company to explain how it measures AI impact on 1.6 million employees for …
Walmart shareholders voted against an investor proposal asking it to report on how its use of AI is affecting the well-being of its employees, according to voting results from the retailer’s annual shareholders’ meeting. The proposal, filed by investor United for Respect, reportedly asks Walmart to explain how it measures the effect of advanced technologies — like Artificial Intelligence (AI) and automation — on jobs, pay, training and equity. This is Walmart’s first annual meeting since John Furner succeeded Doug McMillon as CEO.
In its proxy statement, Walmart highlights AI as one of the biggest forces shaping retail and says the company is using new technologies to improve customer experiences, reduce friction, simplify decision-making, improve supply chain processes and give associates more tools.
