W*M is going to a more part-time workforce to be more "flexible"...
Yeah, as if...IMHO they're doing it to avoid getting stuck with having to pay health benefits, among other things.
To some extent, Wal-Mart is simply doing what business strategists recommend: deploying workers more effectively to meet the peaks and valleys of business in their stores. Wall Street, which has put pressure on Wal-Mart to raise its stock price, has endorsed the strategy, with analysts praising the new approach to managing its workers. In the last three years, the stock price has fallen about 10 percent, closing at $49.32 a share on Friday.
None of those suits on Wall Street, nor anyone in the Walton Family will have to try and live on the pittance paid by W*M. More's the shame, if they had to live as a W*M greeter or cashier for a year, I doubt they'd be so quick to want to cut the wages to generate an extra dime for the shareholders.
It's going to be interesting to see if W*M leads the way back to unionization. They ferociously cut stores out of communities that look like targets for unions, but how many times can they do that and remain economicaly viable? At some point it's going to have be about ensuring a fair return for shareholders and a living wage for the employees who generate the revenue that allows the shareholders to enjoy Beloved Leader's Tax Cuts.
