Wal-Mart has announced thousands of layoffs since publicizing bonuses and benefits expansion

[riversedge]

Source: Marketwatch.com






Published: Jan 31, 2018 4:14 p.m. ET






Wal-Mart has talked up investments in staff while making staff cuts nationwide


Wal-Mart has announced bonuses and a minimum-wage increase along with layoffs.

Since Wal-Mart Stores Inc. announced it would hand out bonuses and expand benefits to more than 1 million associates thanks to new tax reform measures, the retail giant has also laid out plans for store closures and thousands of layoffs at both the store and corporate level.

Wal-Mart WMT, +0.19% confirmed about 1,000 layoffs in California on Monday, including 650 associates in Sam’s Club locations in Los Angeles, Sacramento and Orange County, and 359 at a Wal-Mart location in Sacramento.

A company spokesperson said these cuts were part of the company’s effort to manage its fleet effectively..................................

Read more: https://www.marketwatch.com/story/wal-mart-has-announced-thousands-of-layoffs-since-publicizing-bonuses-and-benefits-expansion-2018-01-30?mod=fark

[rurallib]

1. they could sure use those people to stock shelves and run registers.

I went into one of their stores yesterday, have to about once a month.
The shelves are quite empty, they have about half the cashiers they need.
Damned if I will do their checking out for them - pay somebody you cheap bastards!

Next thing you know I'll be unloading their trucks to gat what I want.

[ProudMNDemocrat]

2. What a crock of shit.......

Walmart heirs needs more yachts to water ski behind and more luxurious mansions in which to rest their heads.

They do not give a flying fig about their employees.

[kimbutgar]

3. I can honestly can say Wal-Mart has not gotten a dime of my money since 1996

I hate Walmart and what it has done to our country. Luckily I live in an area that does not have a Walmart. They are evilcorp.

In 2014 while vacationing in Maui my son lost his camera. He is autistic and his camera is his cell phone. He wears it on a lariat around his nevk. But he left it in a bathroom at a beach and when we went back it was gone. We knew we had to buy him a new camera and his father and him insisted on going to Walmart. I didn’t want to even go in there but I was out numbered. Anyway my son found the Camera he wanted and it took us 30 minutes to find someone to open the case and tell us they did not have the camera. Inside, I was happy. We drove further down the road and walked into Target. The salesman opened the case and we got the camera. In and out in 10 minutes. After that neither my husband or son ever suggested we shop at Walmart again.

[Javaman]

4. squeezing more out of the un-squeezable. that's the walmart way of life. nt