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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums6 Bad Things That Have Happened to Greedy Walmart Recently
Millions in wage theft fines. Federal prosecutions. Divestment from the first big city. These are some of the things Walmart has brought upon itself due to its corporate greed. And the world's largest private employer will likely continue to create massive backlash if it maintains its hunt for endless profit.
Here are six reasons the corporation is currently feeling the heat:
http://www.alternet.org/labor/6-bad-things-have-happened-greedy-walmart-recently
gopiscrap
(23,761 posts)gopiscrap
(23,761 posts)I grew up with a wiener dog that lived to be 19 years old.
Racer X 69
(3 posts). . . . . . their corporate strategy is to analyze an area, identify the weakest small businesses and then situate their stores so that it puts the little guys out of business. Everywhere you go these days there are WalMart stores popping up. Many are only a few miles apart.
With their cutthroat pricing and aggressive marketing they force struggling small businesses to collapse.
And like all retail jobs, the WalMart employees are given just under 40 hours of work each week, so that the company does not have to provide benefits, etc. like they would with full time employees. Employees are coached how to apply for food stamps (now the EBT card) and welfare, as the poverty level wages are not sufficient to sustain a head of household and support a family.
Meanwhile the WalMart CEO earns $11,000 and hour.
Of course this is America, and everyone is allowed to pursue the almighty dollar.
Right?