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Discussion in 'Lounge' started by CopDog, Jan 11, 2018.
They'll waste it all on booze and hookers.
Who is this guy?
CopDog is top dog, breh.
And they just announced they are laying off 10,000 workers #MAGA
Predictable sad cunt
The world's largest retailer and private employer, officially called Wal-Mart Stores Inc, will shutter 63 of its Sam's Club discount warehouses, or about one tenth of the chain overall, according to a senior company official who declined to be named.
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.
Nice try though...#FAGA
Walmart touts $1,000 employee bonuses, but there's a catch
Walmart said Thursday that it's raising starting wages for hourly employees to $11 and offering a one-time cash bonus of up to $1,000.
The bonus will only go to employees who are not impacted by the wage increases — meaning they already earn more than $11 per hour.
Among that group of employees, only those who have worked for Walmart for 20 years or more will get the full $1,000, Walmart told Business Insider.
Here's how the bonus payout breaks down:
-- $200: Less than 2 years of Walmart employment
-- $250: 2-4 years of Walmart employment
-- $300: 5-9 years of Walmart employment
-- $400: 10-14 years of Walmart employment
-- $750: 15-19 years of Walmart employment
-- $1,000: 20 years or more of Walmart employment
The bonus will be included in employees' paychecks in March, according to a copy of a Walmart memo posted to Reddit.
Walmart verified the facts in the memo to Business Insider.
Walmart also said Thursday that it was expanding maternity and parental-leave benefits, as well as creating a new benefit to assist with adoption expenses.
The company announced the pay increases and bonuses on the same day that it revealed it was closing 63 Sam's Club stores.
More than 11,000 employees are expected to lose their jobs as a result of the closures. Each Sam's Club store employs about 175 people, according to Walmart.
More than 11,000 employees are expected to lose their jobs as a result of the closures
Why are ANY people losing their jobs?
I thought corporate tax cuts would lead to MORE hiring?
You dont mean to say that Wal Mart got a tax break AND cut jobs?
Thats impossible,isnt it?
Today I read something about H1B reform. How the democrats were all for it but not if it didn't include DACA enshrinement.
To be very clear with you this is like saying we're all for American middle class not being hollowed out by crony capitalism but not if it doesn't boost our voting plantation.
The real problem is right in Washington D.C. Right smack in the middle of THAT shithole.
I have no idea what this is supposed to mean
Im not a democrat,BTW
Jibberish from a retard. But hey, at least you aren’t the gimp aka BigPete
Who the fuck would adopt children while working at Wal-Mart?
The Sam's clubs that closed around here had their doors locked and police outside to greet disgruntled employees who just learned that they no longer had jobs.
If you work in Corporate or are a storewide manager, the pay is fine.
The economy is trickling down any moment now
Jesus Christ $1000 is fucking pennies
I just paid $400 for an electronic bill because I left space heater on for a little too long.
And that's probably pre tax, after tax will be around $700 for those poor people. This is nothing to boast about.
of course they only get 1,000 if theyve worked at Wal Mart for 20 years .................
to get the 400 to pay yer bill they would have to have worked there for 10-14 yars
It's madness, they employ alot of people...but how many of them really stay working there this long, maybe 50,000 people if we get generous. That's $50m one time payout to those folks. Meanwhile Wallmart net income is $13B annually, half of which goes directly to Walton family.
Didn't like b/c people lost their jobs. Liked because that's news to me and absolute madness. No warning must fucking suck.
and they just had their corporate tax rate cut from 35% to 21%...........a far larger reduction than the working classes got.............
its a sick joke
Yeah, I can't imagine having a job at one of their stores and coming in to work to see the doors shuttered and being told they are closing down. How devastating must that news have been to all those employees who live paycheck to paycheck to suddenly find they no longer have a job?
It's one thing to have advanced notice to try to find something else, or to try to save as much as possible to help tide you over for a bit until another job comes along, but to be blindsided like that surely has to sting.