Thread regarding Target Corp. layoffs

assets vs. liabilities

"If you want the people in the stores to take care of the customers, you have to make sure you're taking care of the people in the stores. That's the most important single ingredient of Wal-Mart's success."--Sam Walton.

The new regime seems to have a different take of what it meant to "take care of people in the stores." Mr. Sam viewed long term associates as "assets" and the source of the companies' best ideas. The new regime views long term associates as "liabilites" that need to be eliminated. History will show which view is right.

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Post ID: @WweXT3H

3 replies (most recent on top)

costco knows how to treat people

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Post ID: @WweXT3H-3ogjx

What Mr Sam may have said about his treatment of hourly employees was very different from how they were treated. The actual record on this is very clear through the multiple federal lawsuits and judgements against Walmart for underpaying hourly employees, labor law violations and withholding benefits. But, this is a Target board and for that matter Sam stepped down from his role at Walmart 30 years ago, so this is as relevant today as next weeks ad at woolworths.

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Post ID: @WweXT3H-2aec

Huh? I seriously doubt you have any true insight into the plight of the Target Store “associates” considering Target Stores have no associates.

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Post ID: @WweXT3H-omi

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