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Re:Wal-Mart Tells Workers: Don’t Download Labor Group’s Chat... by rayiner on Monday November 21, 2016 @12:13AM (#13003323)
That's gross profit--revenue minus cost of goods sold, not including salaries and rent. Other overhead plus taxes brings that down to about $15 billion. Which is not a lot of profit for a company with almost 2.3 million employees. It's equivalent to a 20-employee mom-and-pop that pulls out $120,000 a year for its owner. A McDonalds franchise is much more profitable.
Re:Wal-Mart Tells Workers: Don’t Download Labor Group’s Chat... by yolesaber on Monday November 21, 2016 @11:01AM (#13006389)
Wow! Thank you for explaining that to me. Surprising.