Walmart to lay off thousands of employees

[smilesammich 10,727]

3 minutes ago, jayjayj said:

 

So, you agree, more jobs were saved than would have been lost if Trump hadn't acted?

no.

[jayjayj 571]

21 minutes ago, smilesammich said:

no.

Well then you should practice your math.

[smilesammich 10,727]

Just now, jayjayj said:

Well then you should practice your math.

if carrier gets seven million in tax breaks and pays its workers in mexico three dollars an hour, how many days vacation can carrier ceos afford take at the winter white house to play golf with prezzy? working on this math now.

[jayjayj 571]

Just now, smilesammich said:

if carrier gets seven million in tax breaks and pays its workers in mexico three dollars an hour, how many days vacation can carrier ceos afford take at the winter white house to play golf with prezzy? working on this math now.

 

Your hate for Trump is blinding you.  In the real world, 300+ jobs lost is less than 1700+ jobs lost. 

  

[smilesammich 10,727]

Just now, jayjayj said:

 

Your hate for Trump is blinding you.  In the real world, 300+ jobs lost is less than 1700+ jobs lost. 

  

7 million in tax breaks. 3 dollars an hour paid to workers in mexico. 

[jayjayj 571]

Just now, smilesammich said:

7 million in tax breaks. 3 dollars an hour paid to workers in mexico. 

 

 1,100+ U.S. jobs saved from going to Mexico, by Trump.  I guess you would rather have had those jobs leave the U.S. so you could make a political point.    

[Boiler 45,519]

They closed a Sam's I used to go to, but that was when Obama was in charge.

 

Nothing to do with him, not an obvious location for a Sam's and Costco opened a mega location nearby that was a more obvious fit.

[The Nature Boy 7,659]

16 minutes ago, Boiler said:

They closed a Sam's I used to go to, but that was when Obama was in charge.

 

Nothing to do with him, not an obvious location for a Sam's and Costco opened a mega location nearby that was a more obvious fit.

The article also fails to say how many new Wal*Mart/Sams are opening this year.  Slanted article 

[Voice of Reason 10,298]

WalMart and Sams come and go.   Have for years.  Between Amazon pressure, and the increase in minimum wages, retailers have to do SOMETHING to keep profits up.  You either raise prices to the consumer, or you cut from within.  Or some of both.  

 

I realize the math is not actually linear, but to try and put some numbers on it, consider that Walmart employs 1.4 million in the US alone.  A $1 raise for all employees at 40 hours per week would cost the company $2.9 billion.  So either the company loses their profit, or they cut back on the number of employees to control that particular bleed.

[jg121783 3,915]

35 minutes ago, IDWAF said:

WalMart and Sams come and go.   Have for years.  Between Amazon pressure, and the increase in minimum wages, retailers have to do SOMETHING to keep profits up.  You either raise prices to the consumer, or you cut from within.  Or some of both.  

 

I realize the math is not actually linear, but to try and put some numbers on it, consider that Walmart employs 1.4 million in the US alone.  A $1 raise for all employees at 40 hours per week would cost the company $2.9 billion.  So either the company loses their profit, or they cut back on the number of employees to control that particular bleed.

Math is racist.

[smilesammich 10,727]

2 minutes ago, jg121783 said:

Math is racist.

weird claim. how so?

[jg121783 3,915]

Just now, smilesammich said:

weird claim. how so?

Dont you understand sarcasm? 

[smilesammich 10,727]

3 minutes ago, jg121783 said:

Dont you understand sarcasm? 

do you?

[Boiler 45,519]

6 minutes ago, smilesammich said:

weird claim. how so?

Maths is part of Everything

[TBoneTX 45,293]

Five out of four people are bad at math.