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Everyone remember a few weeks ago when WalMart tripped itself with its latest PR stunt? The retail giant announced an increase in its minimum wage, while the same day announcing over 60 store closures...some with no notice at all.
Well now, they’re at it again. It’s just been announced that the company will be laying off 1000 associates working with home office by 2019. There’s also been 3500 comanagers informed that by the end of March they will either have to find some open position or take a severance. These are not low paying jobs, these are corporate professionals and store associates making 60k+ a year. (Btw the comanager information will be hard to come by online. The company is trying to remain closed lol at least until Monday)
These are the kinds of things that really make you wonder how much greed and corruption we will tolerate before it becomes unbearable. The whole purpose of the tax break was supposed to be to increase development and spur job creation. Well everyone, you can’t hide what it clearly was like we’ve been saying from the beginning...a giant hand out to the rich. If Republicans gave a damn about the poor or middle class, they would’ve required a minimum of job creation and capital investment in order for your business to be applicable for the tax cut.
But nope...looks like the evil empire will continue to have and eat it’s cake...
If they are not needed, why would they keep them employed?
You’re missing the point. The American taxpayer just gave them a huge handout that they will get every year, and then over 10,000 of those same Americans got the shaft. Again, wasn’t the point of the tax break so that they would create jobs, not gut them?
That's what businesses do. They fire the under-performers and hire new people. It's how they grow stronger. If they didn't, they would eventually be wiped out by the competition.
That's what businesses do. They fire the under-performers and hire new people. It's how they grow stronger. If they didn't, they would eventually be wiped out by the competition.
So they had 10,000 underperformers? Really? Sounds like they are cutting operations to the bone. But if it makes good business sense I would do it too. I just thought the extra tax cuts would help them to create jobs. Guess time will tell.
So they had 10,000 underperformers? Really? Sounds like they are cutting operations to the bone. But if it makes good business sense I would do it too. I just thought the extra tax cuts would help them to create jobs. Guess time will tell.
Walmart has over 2 million employees. 10,000 people make up less than 0.5% of their workforce. Does that really surprise you?
And you don't stop making yourself more competitive just because a tax cut was announced a few weeks ago.
That's what businesses do. They fire the under-performers and hire new people. It's how they grow stronger. If they didn't, they would eventually be wiped out by the competition.
They’re not hiring new people for these jobs. They are being eliminated. While some MAY be offered a different position, many will not. They also may not have an opening that would be a good fit for that individual and would almost certainly be paid less.
Walmart has over 2 million employees. 10,000 people make up less than 0.5% of their workforce. Does that really surprise you?
And you don't stop making yourself more competitive just because a tax cut was announced a few weeks ago.
No, I guess you just thank Trump and Republicans for they’re pledge to help the rich.
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