Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Brumar89 who wrote (1071607)	5/30/2018 1:25:49 PM
From: zzpat	of 1575981

WMT is raising wages but it took many years which included many years of the stock underperforming before they figured out it didn't work anymore. Today, we learn WMT might do what other liberal companies are already doing and that's paying for a college education for their employees. Maybe people will stay around long enough to become good at their jobs and they won't have to waste money because of near zero retention rate. To get WMT stock up they had to close 63 Sam's Clubs (which means thousands of employees were fire) and they fired 7000 other employees. We don't hear the "media" talk about these massive job losses because they make Trump look bad. I heard one CEO (when pressed) said his turnover rate was 400% per year. He needs to be fired ASAP. When another CEO said his turnover rate was 104% per year I sold every share I owned.

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