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Walmart’s Mass Layoffs Could Be the Canary in the Coal Mine
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 76984449:MV80NDc2ODA0XzgxNTM2NTQxXzdDRUUyNTI2] [quote:Anonymous Coward 78694432:MV80NDc2ODA0XzgxNTM2NTE0XzcxRjMyNUVD] And when supplies dwindle no amount of welfare/stimulus/ubi is gonna buy you anything because there wont be anything to buy. Just a lot of money kicking around [/quote] Yeah. We’re toast. [/quote]
Original Message
This week, discount retailer Walmart (NYSE:WMT) conducted a series of layoffs, the scale of which is still unknown. You could forgive investors for glossing over the news as just another corporate belt-tightening, but considering Walmart has been one of the biggest beneficiaries of the pandemic, it’s a terrible sign for the future.
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