Showing posts with label Walmart. Show all posts
Showing posts with label Walmart. Show all posts

Tuesday, January 16, 2018

THE COMPANY GIVETH AND THE COMPANY TAKETH AWAY

So ATT gave $1,000 bonuses and raised their minimum wage to $15/hr.  I'm happy for their employees; however, less attention was paid to ATT laying off more than 2,000 workers just before Christmas and into the new year.*  Comcast also joined in and fired more than 500 workers just before Christmas.

Walmart also is giving bonuses to employees and raised their minimum wage to $11/hr from $9.hr  If that doesn't sound like much, it will come to over $2,000 for a full-time employee (Walmart considers 32 hrs/wk to be full time).  The bonuses  depend on your length of service (20 yrs and more of service gets $1,000).  Walmart also is to lay off thousands of workers from 63 Sam's Club locations.**

* http://www.newsweek.com/christmas-att-layoffs-midwest-bonuses-trump-758391

** https://www.cnbc.com/2018/01/12/heres-a-map-of-where-walmart-is-closing-more-than-60-sams-club-stores.html
https://thinkprogress.org/walmart-bonus-layoffs-ed187882b011/
https://www.washingtonpost.com/news/business/wp/2018/01/11/walmart-to-raise-starting-hourly-wage-to-11-offer-paid-parental-leave/?utm_term=.b5b8d790e0a6