Wal-Mart CEO ‘Shocked’ By Low Wages, Offers 25% Raise

[88m3]

Nov. 26, 2012


In response to ongoing strikes at its U.S. stores, retail giant Wal-Mart announced today an immediate 25% raise for all its 1.4 million American employees.
CEO Michael T. Duke said he was 'unaware' his employees had been so poorly paid and after reading the demands of the strikers he vowed to fix the situation immediately.
"I had my team check out their demands. And when I looked at the numbers I was shocked. We seriously have people earning less than $12 an hour? How can anyone possibly survive on that?"
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Duke also said he was flabbergasted by the fact that half of his employees didn't have health insurance:
"Personally I think its a travesty that someone works a 40 hour work week and can't afford to see a doctor. I had no idea that was going on. All our associates will have health care by the end of the month."
Duke says the total cost of the new measures will be about 3 billion, or about 20% of Wal-Mart's net income. But for the longtime exec, that will be a small price to pay:
"We value our associates dearly. Its shocking to see that some of them cannot afford to feed and clothe their families"
"I'm so greatful the striking workers brought this to our attention. We feel aweful this went on for so long."

 

[Kings County]

25% time to get a job at walmart

 

[Rarely-Wrong Liggins]

Wal-Mart CEO ‘Shocked’ By Low Wages, Offers 25% Raise | The Daily Currant

 

[OTC]

I knew that sounded to good to be true

​

 

[Muzion]

Man fukk Wal-Mart and everything it represents

 

[MF_BREW]

He is only doing this do to make it die down, then when the media is done talking about it then it will be back to what it was. Like a kid getting his hand caught in the cookie who says I wont do it again, and does it again.

 

[Artificial Intelligence]

.......................

 

[OH SOHH TRILL]

Daily Current is like the Onion.

 

[Berniewood Hogan]

IT'S A WORK, BROTHER!

 

[porque]

did the TS know it was a joke?

 

[Liquid]

He is trolling you all

 

[the cac mamba]

He is only doing this do to make it die down, then when the media is done talking about it then it will be back to what it was. Like a kid getting his hand caught in the cookie who says I wont do it again, and does it again.

 

[ThatTruth777]

you motherfukker

 

[YBE]

Even if it was real, the fact that a CEO didn't know how little his employees were being paid is just as bad as knowing. Means he had no regard for your life whatsoever. Didnt even bother to check what was going on at his own company

 

[WeDemBoyz]

theyll just lay off bunch a people to make up the diffrence... aint no thang

pretty much. but they have enough cash to do this.