Why Does Walmart Pay So Much?
Logically Answered Logically Answered
584K subscribers
230,063 views
0

 Published On May 31, 2023

Salaries at Walmart have become insane. Software engineers are able to earn nearly half a million dollars per year. Product managers are also able to earn nearly half a million dollars per year. And, even data scientists are able to cross $400,000 in total compensation. This is nothing new for big tech companies like FAANG but Walmart is very much a legacy retailer. But, despite their industry, it looks like Walmart is very much trying to keep up with the modern tech industry. In fact, Walmart has a full-on tech subsidiary called Walmart Global Tech that employs 8,000 tech workers. It wasn’t always like this though. Back in the late 1990s and early 2000s, Walmart was very much resisting the tech revolution by suing up-and-coming competition and refusing to embrace tech. This led to about 16 years of stagnation in their stock price until they finally decided to go all in on tech. Today, Walmart is still definitely a retailer but they’re very much a retailer who’s based in tech. This video explains the history of Walmart’s tech endeavors and how Walmart become one of the top payers in the world.

Earn Interest From The Government & Top Corporations:
(iOS App for US Residents)
https://www.silomarkets.com/waiting-l...

Free Weekly Newsletter With Insiders:
https://logicallyanswered.substack.com/

Socials:
  / hariharan.jayakumar  

Discord Community:
  / discord  

Timestamps:
0:00 - Walmart Salaries
2:35 - Walmart The Boomer
5:30 - Walmart Feels The Pain
8:40 - Walmart Pivots
11:47 - The Tech Walmart

Resources:
https://pastebin.com/7EqwQQeq

Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
https://www.silomarkets.com/disclosures

show more

Share/Embed