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Walmart Raises Minimum Wage to $11

#27

(01-13-2018, 02:09 PM)TJBender Wrote: https://www.reuters.com/article/us-walma...SKBN1F01N8

Leaving that here. Raise wages by a hair, fire 7,500 people. Trump effect.

Did you even read the article that you linked?

Quote:Around 50 of those stores will be shut permanently after a review of profitability and up to 12 more will be shut and reopened as e-commerce warehouses, the person said.

Every Sam’s Club store employs about 150 workers, bringing the total number of affected jobs to about 7,500, the person said. Many of them will be accommodated in new jobs at the newly opened warehouses and other stores, the official said.

Earlier on Thursday, Walmart announced the wage hike, saying it would also offer a one-time cash bonus, based on length of service, of up to $1,000, and expand maternity and parental leave benefits.

So no, they aren't "firing" 7,500 people and a bonus, 10% pay raise and expanded benefits is pretty significant.


There are 10 kinds of people in this world.  Those who understand binary and those who don't.
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Messages In This Thread
RE: Walmart Raises Minimum Wage to $11 - by Kane - 01-11-2018, 12:18 PM
RE: Walmart Raises Minimum Wage to $11 - by majik - 01-11-2018, 01:44 PM
RE: Walmart Raises Minimum Wage to $11 - by jagibelieve - 01-13-2018, 02:23 PM



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