Walmart spokesman David Tovar, who attracted some attention on our sibling site Smartertimes for pushing back assertively and imaginatively against the New York Times, is leaving Walmart after a background vetting for a promotion disclosed he did not have a college degree. Bloomberg (here), Bloomberg Businessweek (here), Jim Romenesko (here), and the New York Times (here) all have coverage of the situation.
While I can certainly understand a company getting annoyed about an employee falsely claiming he had a college degree that he did not actually possess, it's not entirely clear that is what happened in this case. Mr. Tovar told the New York Times: "I definitely didn't disclose that I didn't have a degree, and there were times where it was probably an error of omission." The Times reported that "when people asked about his educational background, he would say that he had attended the university, but would not disclose that he had not graduated."
When I was hiring reporters and editors at the New York Sun, I tried to understand whether applicants had a college degree or not. But some of the best hires I made were of employees who had not finished college. It seemed to me that whether someone had a college degree or not was much, much less important than whether, or how well, they could do a job that needed doing.