Thursday, April 16, 2015

Wal Mart is the monster under your bed - Froy G

http://money.cnn.com/2015/04/16/news/companies/walmart-closing-plumbing/index.html

Two of the stores are in Texas, and the others are in California, Florida and Oklahoma. They will be closed for "extended repairs" for approximately six months, the company said. The stores closed at 7 p.m. Monday, after workers were notified just hours before that they were losing their jobs. "Everybody just panicked and started crying," said Venanzi Luna, a manager of the deli department at the Pico Rivera, Calif. store. The news came as a surprise to the 295 full-time workers and 248 part-time staffers there.
This is interesting because it shows the absolute power that big corporations have over the lives of so many. At the snap of a finger, they can instantly affect the lives of thousands. This is reminiscent of the guilded age, in that large corporations had so much power over everyone else.

1 comment:

  1. It is interesting to see how large companies can sometimes take advantage of their workers. This was a big problem throughout the Gilded Age

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