Do you think that Walmart’s treatment of their workers with all the layoffs will hurt sales?
The company has what? Two million employees? You would think those would be their best customers. But if the company treats people poorly, will they still shop at Walmart given all the other options? In rural areas, I think there aren’t a lot of options. But most places have the dollar store, Aldi, and access to Amazon.
I know people who had family members laid off or treated poorly by a company forty years ago and they still will not give that company their business. With the layoffs, will this begin to happen to Walmart?
Also, this is to say nothing of how Walmart’s employees talk about the company to other people. Over time I would expect this to be a drain on talent. And if folks tell their friends that Walmart treats people poorly, won’t that also be a drain on stores?
I think these layoffs are going to have a broader impact than intended. Because where do you go as a company when you’ve lost the loyalty of your workers?