Thread regarding Walmart layoffs

JET. COM CEO GONE

https://www.reuters.com/article/us-walmart-jet-com/jetcom-falls-by-wayside-as-walmart-focuses-on-its-website-online-grocery-idUSKCN1TD2PS

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Post ID: @ZxhE0HS

4 replies (most recent on top)

Lore wants his money, once he gets that he will exit or be exited gracefully

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Post ID: @ZxhE0HS-9jju

Competition from amazon is relentless and a lot of pressure is applied to perform as well as amazon. Will be fun to watch wal mart die a death of a thousand cuts.

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Post ID: @ZxhE0HS-3ofh

Here's the first paragraph of the article:

WASHINGTON (Reuters) - Walmart Inc on Wednesday announced a sweeping overhaul at Jet.com, an online start-up it acquired in 2016 for $3.3 billion, after it failed to live up to the world’s largest retailer’s e-commerce ambitions.

You can't sprinkle sugar on a pile of $#!t and call it candy.

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Post ID: @ZxhE0HS-1mgd

Not shocking.

I’m surprised Lore is still here.

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Post ID: @ZxhE0HS-1aqa

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