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White House praises Walmart for raising wages due to the tax bill, despite the company laying off thousands of workers on the same day

One year ago   |   By

David McNew/Getty Images
Trump officials praised Walmart for their announcement on Thursday that the retail giant is planning to increasing wages and give long-time employees bonuses in part due to the Republican tax law.
Walmart also closed 63 Sam's Club stores on Thursday, likely leading to significant layoffs at those stores.
Trump administration officials on Thursday praised Walmart for increasing wages and delivering bonuses to employees, even as the company laid off thousands of other workers and closing stores on the same day.
Walmart announced early in the day that it would...
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Sam's Club's CEO revealed mass stores closures in this company-wide email to employees

Sam's Club's CEO revealed mass stores closures in this company-wide email to employees

One year ago   |   By

AP
Sam's Club CEO John Furner notified employees of mass store closures in a company-wide email on Thursday.
"After a thorough review, it became clear we had built clubs in some locations that impacted other clubs, and where population had not grown as anticipated," Furner said in the email.
Walmart is closing 63 Sam's Club stores and laying off thousands of employees.
The company abruptly shut down some of the affected stores on Thursday. The rest will close within the next couple weeks.
Sam's Club CEO John Furner notified employees of the closures in a company-wide email sent...
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Walmart is abruptly closing Sam's Club stores and laying off thousands of workers, and no one knows why

Walmart is abruptly closing Sam's Club stores and laying off thousands of workers, and no one knows why

One year ago   |   By

AP
Walmart is abruptly closing Sam's Club locations across the US. Some stores were closed on Thursday. Others will close at a later date.
Employees were not informed of the closures ahead of the time, according to reports.
The company did not immediately respond to requests for comment on the closures.
Walmart is suddenly closing several Sam's Club stores across the US.
Closures were reported by local media in Texas, New York, New Jersey, Indiana, Arizona, Alaska, and elsewhere.
In some cases, employees were not informed of the closures prior to showing up to work on Thursday.
Instead...
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