Walmart made room to give raises?

[righteousdude2]

http://www.huffingtonpost.com/entry/walmart-10-raise_us_56a01acde4b0404eb8f03b26

It is quite interesting that exactly one week after announcing the closure of more than 250 stores world-wide, WalMart is no ready to pass a raise and some improved benefits on the employees who were spared the lay off last week!

Was the rush to improve wages and benefits worth the cost to those who are now on unemployment? And will WalMart be one of many employers, nationwide that will have to cut staff in order to give the remaining employees those federally mandated wage increases?

What are your thoughts? Are wage increases worth the cost to employees being laid off in order to adjust the bottom line and maintain, sustain, or increase profits for companies and businesses?

I think not! I think those 16,000 WalMart employees would rather be working for less, than for collecting unemployment and an uncertain future!

 

[InTheLight]

You are proceeding from a false assumption. The workers weren't laid off so that raises could be given to others, they were laid off because the stores they were working in were unprofitable.



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[righteousdude2]

You are proceeding from a false assumption. The workers weren't laid off so that raises could be given to others, they were laid off because the stores they were working in were unprofitable.



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That is as much an assumption on your behalf as it is mine (per you). In LA two of the shuttered stores have been top producers. Even staff couldn't believe the lies by corporate.

I am sure some stores were what you say, but, the circumstantial evidence is smack in front of you. If you choose to believe differently, that is what America is all about. Peace!

 

[HankD]

Right R2, both reasons could be true.
Many things in the corporate business world have multi-faceted reasons.

HankD

 

[InTheLight]

Wal Mart is closing 269 stores, 154 in the US. They are opening 405 new stores this year.

Because of these stores closings about 10,000 US Wal Mart workers will lose their jobs. Meanwhile, of the 1.4 million US workers, 1.2 million will be getting raises.

It's not hard to figure out that firing 10,000 people does not free up enough money to give raises to 1.2 million people.

http://www.nbcnews.com/business/careers/wal-mart-give-raises-new-benefits-1-2-million-hourly-n500616

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[preachinjesus]

Wal Mart is closing 269 stores, 154 in the US. They are opening 405 new stores this year.

This is really all that needs to be said.