Thread regarding Wal-Mart Stores Inc. layoffs

What's sad is they paid billions for these other companies to acquire talent that is telling them what their associates and Mr Sam said all along. Give the customer what they want and they'll come back over and over.

And is it really rocket science to offer more free shipping and try to get better assortment and more assortment online? Not so much. But we paid three billion so that someone new could tell senior leaders what associates already with the company were saying all along.

Senior leaders right now are blaming the associates for their screw ups. It's pretty apparent that they don't think very highly of the quality of associates that they have at home office right now. I would bet good money that the message to the board is that they don't have the talent to get the job done. And they're using that rational to justify the layoffs along with lowering expenses. That's how it feels to me. Just seems to me that our leadership has an attitude of the grass is always greener when it comes to their current talent.

And here is the ironic thing. Sam Walton took a crew of everyday folk from freaking backwoods Arkansas and built this company. Because he was a leader. He coached people up instead of blaming them and tearing them down. And he listened to associates. It feels like that's all gone though now. The culture feels hollow.

Jet is at the expense of the tenured expert who sacrificed many years to make the company what it is . The reality is poor leadership and management has not taken the steps necessary to keep the company engaged in e-commerce. What is sad is the folks I work with that are tenured are sending out resumes by the hundreds to outside sources sense they don't believe in the culture any longer . Neither do I

After 30 years I Completely agree

I would have to agree, they really fostered a deep internal culture of family, loyalty and honor within the company. After years of job hopping I fully expected WMT to be my last job given that I served so many roles while working there. It felt like I had worked for 6 different companies. This betrayal was cruel, to watch them escort 20 year veterans off the property as if they were criminals. To be later blocked by former managers on social media and for what? The new Jet.com boss is killing that company!!!! Honestly all he is good for is bumping the stock up with acquisitions. We will see how long that lasts with the other sea changes going on in the retail and e-commerce space generally.

I will first acknowledge that these changes are painful and disruptive. Losing a job creates a lot of stress, uncertainty, and disruption. This is the second time I have been displaced in my business career. The first time was over 10 years ago.

When was Walmart not an employer at will like any other corporation? The bottom line is that the business model is under transformation, and with the heavy levels of investment into an ecommerce business with lower margins, a $2.7B wage increase in Stores/Clubs, and new low price competitors (Aldi, Lidl) entering the U.S., something had to give. The Jet acquisition is also a significant investment, and it is clear that the senior leadership views this transaction as a significant opportunity to built out the ecommerce business and to remain competitive.