White House praises Walmart for raising wages due to the tax bill, despite the company laying off thousands of workers on the same day
|01/11/2018||Posted by BusinessMediaguide.Com under General World News||
- Trump officials praised Walmart for their announcement on Thursday that the retail giant is planning to increasing wages and give long-time employees bonuses in part due to the Republican tax law.
- Walmart also closed 63 Sam’s Club stores on Thursday, likely leading to significant layoffs at those stores.
Trump administration officials on Thursday praised Walmart for increasing wages and delivering bonuses to employees, even as the company laid off thousands of other workers and closing stores on the same day.