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Walmart quietly lays off thousands of workers after bonus announcement
Walmart Workers to Executives: We Can't Pay Our Bills
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PatSeg
(47,282 posts)underpants
(182,627 posts)True Blue American
(17,981 posts)That sign when Sam Walton was alive.
I remember the first one in our area. That is why I liked to shop there.
underpants
(182,627 posts)It used to be on every commercial
louis-t
(23,273 posts)did an investigation. All those Made in America signs were on racks of products that weren't Made in America. This was 20 years ago. He went to a factory in Indonesia with a camera in his hat, pretending to be a buyer. There were kids that lived and worked in the factory. The factory owner would take part of their pay for room and board. The owner said he would put whatever label the buyer wanted to indicate country of origin.
Initech
(100,041 posts)SWBTATTReg
(22,077 posts)$6.2 billion in public aid that its' workers got in public assistance...this is pathetic coming from a company where the heirs are so enormously wealthy...Sam Walton would be rolling in his grave now had he known about this ... my sister met him a couple of times in the 'old' days (early 1970s)..., Joplin MO
erronis
(15,185 posts)Laid off by walmart?
You must be able-bodied. No medicaid or gov't assistance for you!
Saviolo
(3,280 posts)Everyone misspeaks, and Trump more frequently than most, but this has to be the story. The intentional, brutish, cold, and sociopathic economic violence perpetrated by Trump and the corrupt administration that props him up in coordination with unbelievably wealthy and unethical corporations on the middle and lower classes, working poor, and wage slaves in the USA.
It's fun and funny to focus on Trump selling Norway a bunch of fictional aircraft, but as long as we're making fun of typos, the people being screwed by Trump's policies but still supporting him will be able to hold their ground and say that "the left" is just focused on calling Trump stupid. But point out that the corporations that were supposed to create jobs with all of those tax savings they got *IMMEDIATELY* and *WITHOUT WARNING* cut thousands of jobs, and it starts to trickle into their heads that maybe something's wrong, and maybe this isn't all as rosy at the hoarse-throated huckster in the Oval Office keeps promising.
orangecrush
(19,430 posts)Rec your post!
mopinko
(70,022 posts)thanks to your high taxes.
KY_EnviroGuy
(14,488 posts)those already cash-strapped employees will likely spend most of their bonus and raise on basics in their stores. What's not to like for Walmart?
.................
Hekate
(90,562 posts)BlancheSplanchnik
(20,219 posts)marble falls
(57,013 posts)cp
(6,617 posts)Honeycombe8
(37,648 posts)Bengus81
(6,928 posts)So...break your arm patting yourself on the back Trump for that raise but as usual it had little to do with reality.
From OUR Walmart organization for fair pay for those workers:
WOW. WE DID IT. We got Walmart to raise its starting pay to $11 an hour AND provide parental leave for full-time workers. And we couldnt have done it without you, THANK YOU.
My name is Carolyn Davis, and Im a ten year associate from Eastern North Carolina. Last June, I traveled to Walmart Headquarters in Bentonville, AR to deliver our petition, signed by more than 100,000 associates and supporters across the country, to Walmart executives to publicly commit to paid family leave. I never thought that in less than one year we could get Walmart to provide over 500,000 workers with 10 weeks of FULL PAID LEAVE. I remember when taking time off after having a child meant scrambling between having to use PTO and LOA to cover pay. And while the new policy needs to include part-time associates, its still a HUGE step in the right direction.
Whats more, Walmarts announcement to raise starting wages to $11 an hour brings us $1 closer to $15 and full-time as starting pay so we can better take care of our families. Unfortunately this announcement leaves long-term associates like me without the immediate benefit of a raise, but its a step in the right direction towards a sustainable, living wage for everyone.
Now is the time to keep moving forward. With your help, we can continue to help MORE Walmart workers join together and reach out next goal: moving Walmart to publicly commit to $15 and paid family leave for part-time associates!
Can you contribute $10 today to keep up the momentum?
As an OUR Walmart member, I help set the agenda for the policies we want to change at Walmart. But I cant do the work without your support. Last year working together with our supporters like you, we decided to focus on paid family leave, a new sick time policy and $15 and full-time and were steps closer to two of our three priorities! AMAZING!
We're close to our goal of raising $10,000 to help us win paid family leave for EVERYONE at Walmart? Can you chip in $10 today?
Knowing you have our back makes all the difference.
Sincerely,
Carolyn Davis
Bayboro, NC
OUR Walmart member
eppur_se_muova
(36,247 posts)apkhgp
(1,068 posts)that whenever I hear about 45 doing something. To automatically think " How bad is this going to be for our country? ".
King_Klonopin
(1,306 posts)A $1000 bonus for a full time employee (2,000 hours/year) is equal to a FIFTY CENT raise --
less if the person works overtime. And they act as if it is the most magnanimous gesture
a plutocrat has ever granted.
You will notice that all these corporate bonuses are in the $1,000 - $2,000 range, which
sounds like a big lump sum, but this equals a raise in pay of only $0.50 - $1.00 / hour.
Wages have been lagging for so many years that it would take a raise of 5-10% to get wages
up to where they rightfully should be.
Nauseating political theater is all this is.
Americans are such suckers and are bribed so easily by these scams.
What do these workers LOSE in the process ? I bet it equals more than $1,000 !
I live in Massachusetts. I have a mortgage. I stand to lose thousands of dollars on my
typical tax return.
The large print giveth, and the small print taketh away.
sinkingfeeling
(51,438 posts)by Ja. 31.
pansypoo53219
(20,955 posts)duforsure
(11,885 posts)What they're doing is more PR to help back trump's claim of the tax cuts were the reason for increasing their minimum wages for their people, but all you have to do is look at how they've been doing this for a while now from economic pressures, not tax reductions. Add to that their closing Sam's eliminating thousands of jobs, and not even giving them a 60-90 day notice is a disaster for many now. The average bonus is a meager $190 for their employees, and now they'll continue to do as they have in the past, make more of their people part timers, not getting benefits, and really many will not see an increase in pay, but a decrease in hours to make the owners more money. Just like the tax scam will give them billions to jack up their stock price with making them even more money. trumps tax scam has allowed more companies to move overseas because we're paying them more now to do it. The bubble he's making will not last, as the middle class and poor will not get enough to support their latest fantasy come true. I've stopped going to Walmart, and instead support local, and union places instead. They no longer will get my business.
Hoyt
(54,770 posts)I've worked in mom-and-pop stores and national stores. I much prefer the national stores for pay and whatever benefits are available. The mom-and-pop places are usually better from a social standpoint in that you know the owners, it feels more like "family," etc., but the pay sucks.
Point is, our problems aren't WalMart. It's the whole system.
As to the bonuses and pay increases, I bet the average employee will be grateful, even if they are getting only a small portion of the tax cut.
The 2% in the meme above really doesn't accurately portray the situation because it takes one year of bonuses (apparently without factoring in pay increases, increases in benefits) and compares it to 10 years of projected tax cuts. If you take one year of bonus (leaving out pay increase, etc.), it's really 22% of the value of one year of tax cut if the average bonus is $190 for 2.1 million employees. Arguably that is not enough, but I prefer to keep the message accurate rather distorting stats like GOPers.
The second point is that we have to get out the vote in 2018 and 2020 because there will be a lot of voter-employees out there who look positively at their pay checks after "trump's tax cut," bonuses like Walmarts, etc., and a better feeling of security because unemployment is pretty low (thanks to Obama), and say it really is the economy and it seems to have gotten better under trump (again, we all know it is result of Obama, but the average Joe/Jane ain't going to care). Not saying it's all great, but to someone who hasn't had a lot of good news, particularly in paychecks, many will be pleased. Unfortunately, many will be doubly pleased if trump deports a bunch of Hispanics. We've got some work to do to win in 2018/2020.