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To: 2ndDivisionVet

If Walmart divided all of its profit between its 800,000+ employees, it would amount to less than $20,000 more per employee. That’s a lot of money if you’re making $25,000, but shareholders, the people who actually invested to make those jobs to start with, would get squat, and Walmart would be unable to do essential things like build new distribution centers that allow it to improve it’s operations to keep pace with its competitors. It would be like a farmer eating his seed corn.


47 posted on 05/17/2014 9:22:20 PM PDT by CitizenUSA (America for Americans first!)
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To: CitizenUSA

The guys got the wrong numbers, Walmart employees 1.3 Million americans.. if you assume the 16 Billion is JUST for the US profits, its not $20k an employee... in fact I just ran its total revenues over profits and it earns 3 cents per dollar.

If those 16 Billion represent world wide profits, the total number of employees is 2.1 Million... so the profit per employee is close to 1/3 of what you calculated.. about 6-7k a year.


214 posted on 05/19/2014 6:49:50 AM PDT by HamiltonJay
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