Re:Walmart Paid Its People More to Get Cleaner Stores and Hi...
by adventured on Saturday October 15, 2016 @01:28PM
(#12714824)
If you want Walmart to match Costco on pay, it has to fire between 1/3 and 1/2 its employee base and replace them with robotics or other automating technology.
Sales per employee
Costco: $550,000
Walmart: $200,000
So now you need to find low skill jobs for a million people, at a time when automation technology is aggressively seeking to (and increasingly able to) wipe out those types of jobs. Oh yeah, and Walmart is very likely in permanent contraction mode already, in which its business will perpetually shrink on a year over year basis ala Sears and other past giants of retail, as Amazon + its far greater automation eats them. Good luck.
Sales per employee
Costco: $550,000
Walmart: $200,000
So now you need to find low skill jobs for a million people, at a time when automation technology is aggressively seeking to (and increasingly able to) wipe out those types of jobs. Oh yeah, and Walmart is very likely in permanent contraction mode already, in which its business will perpetually shrink on a year over year basis ala Sears and other past giants of retail, as Amazon + its far greater automation eats them. Good luck.