Wal-Mart fires thousands of emplyees from its Sam's Clubs locations.

[JusKeepBreathin 19,311]

Let's just get real Wal-Mart is not doing anyone any favors. 

On the same breath that Wal-Mart (WMT) announced that it is raising its hourly wages to $11 and giving employees bonuses due to tax reform, the world’s largest retailer also revealed it’s closing 63 Sam’s Club locations across the U.S., which will ultimately lay off thousands of workers.

http://www.foxbusiness.com/features/2018/01/11/walmart-closing-63-sams-club-stores-and-laying-off-thousands-workers.html

And just to add insult to injury to American employees of Wal-Mart. Wal-Mart won't be giving employees on the Island of Puerto Rico a raise.

https://m.facebook.com/story.php?story_fbid=10155474116578655&id=108679513654

Edit: Breaking news 1/13/2018 10:35PM EST

BREAKING: Walmart agrees to extend minimum wage increase ($11 an hr) to ALL employees in Puerto Rico, announces Governor Ricardo Rossello

3 hours ago we tweeted that the Gov was asking Walmart to reconsider its position. It didn't take long.

In a statement, released Saturday night, Walmart announced:

“As we have demonstrated consistently throughout our 25 year history in Puerto Rico, Walmart is deeply committed to Puerto Rico and our local associates and as part of the bonus announcement made earlier this week, eligible Walmart and Sam’s Club hourly associates on the island will be receiving nearly $5 million in cash bonuses as well as expanded maternity and parental leave benefits that are beyond what is typically offered in retail. Additionally, the starting wage for all Walmart and Sam’s Club hourly associates in Puerto Rico will be at least $11 per hour beginning with the February 17 pay cycle.”

https://m.facebook.com/story.php?story_fbid=10155474420878655&id=108679513654

[Economy 52,837]

Well they wouldnt close stores just because. Maybe they werent profitable?

[LilMonst3r 5,681]

Under Trumps presidency, Puerto Rico is considered not important. I knew people wouldn't care about Puerto Rico and they would forget about it. Had some people here try to prove me wrong but look what is happening. How many News reports have we gotten about the current conditions of the island? Not enough.

[RAMROD 116,994]

More people going to Costco than Sam's CLub, LBR

[Trepadation 5,566]

As the great Kanye would say "they don't want me in the d*mn club, they even made me show id to get inside a sam's club"

R.i.p.

[JusKeepBreathin 19,311]

1 hour ago, Economy said:

Well they wouldnt close stores just because. Maybe they werent profitable?

That would be the case for any business I assume.

Well here is some good news. It broke about 50 minute ago.

 

BREAKING: Walmart agrees to extend minimum wage increase ($11 an hr) to ALL employees in Puerto Rico, announces Governor Ricardo Rossello

3 hours ago we tweeted that the Gov was asking Walmart to reconsider its position. It didn't take long.

In a statement, released Saturday night, Walmart announced:

“As we have demonstrated consistently throughout our 25 year history in Puerto Rico, Walmart is deeply committed to Puerto Rico and our local associates and as part of the bonus announcement made earlier this week, eligible Walmart and Sam’s Club hourly associates on the island will be receiving nearly $5 million in cash bonuses as well as expanded maternity and parental leave benefits that are beyond what is typically offered in retail. Additionally, the starting wage for all Walmart and Sam’s Club hourly associates in Puerto Rico will be at least $11 per hour beginning with the February 17 pay cycle.”