Published in partnership with Shadowproof. Did you need more proof that Walmart’s business model is based on screwing their workers? Well, there was an example in real time on Wednesday. Walmart’s stock plummeted 10% yesterday after the company announced that higher labor costs would severely cut into profits – yet more evidence that
Walmart Stock Crashes After Company Pays Workers Slightly More
Walmart’s stock plummeted 10% yesterday after the company announced that higher labor costs would severely cut into profits – yet more evidence that underpaying employees is integral to Walmart’s success as a business.
By Dan Wright