Full timers become part timers, so it’s a wash.
Many get canned the rest get part time work.
Raises right as Wal Mart stock is tanking? I think this will be retracted before the end of the month.
296 Wal Mart stores will be closed.
That means they will have lay off 14 cashiers.
“tighter labor market”???? What planet do they live on?
Maybe, make sure they speak English and wash their hands.
Unconstitutional federal minimum wage. Tyranny with the added extra of being a business and job killer.
Tighter labor market? LMAO
Walmart doesn’t have a magic money machine. These raises are paid for by layoffs.
just a bet....
since WM probably can’t afford higher total wage expenses...
1. less workers and/or
2. less worker-hours
3. cutting any remaining full-timers to Part-time (shedding the expensive ObamaCare costs)
4. more automation all around (including checkout machines)
5. closing some more marginal stores (and any in cities that impose special higher-wage rules)
gotta cut costs to compensate, especially since left-wingers are conducting what looks like an illegal boycott of WalMart stores
Plus close more stores.
Ever since Walmart gave their big minimum wage increase their prices, are outrageous, now basically it’s no different than anywhere else now, back at start of the Great depression, part two back in, 2008 Wal-Mart was God-send at finding good deals on their groceries, but now it’s no more welcome to the Global economy indeed.
Wal*Mart is a house of cards ... trembling. They built their store on taking down their suppiers’ profits. Then the suppliers ran out of profits and went bankrupt (you wouldn’t believe how many Wal*Mart suppliers have gone out of business!). When they can no longer make profit from stealing profit from suppliers, they become what you see. It was bound to happen. Sam Walton would be ashamed of what Wal*Mart has become. Remember when he only sold things MADE IN AMERICA?