October, 14 2015, 04:15pm EDT
WASHINGTON
Today, Walmart is set for its worst stock decline in more than 15 years.
Said Walmart associate Tarcenia Floyd from Winter Haven, Florida:
"This news doesn't come as a surprise after what I've seen and experienced working for Walmart for the last 7 years. As a shareholder and an associate working to keep customers happy and sales up, I can tell you that Walmart's heavy reliance on a part-time workforce and hiring temporary associates is a big part of the problem that we're seeing contribute to long lines, issues with inventory and many out of stock items.
"Despite working hard to make Walmart a successful company, I come home to an empty kitchen most nights. Though investors today may feel like they lost a lot, I can barely afford groceries since Walmart lowered my pay after I had to switch shifts to care for my mom, recently diagnosed with stage 4 cancer. My fellow Walmart associates and I are fighting for $15 an hour and full-time as part of OURWalmart, and hope that other shareholders see today that profits go hand in hand with compensating employees fairly, giving them full-time work and respecting them on the job."
OUR Walmart works to ensure that every Associate, regardless of his or her title, age, race, or sex, is respected at Walmart. We join together to offer strength and support in addressing the challenges that arise in our stores and our company everyday.
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Students at Bard College in New York state joined nationwide walkouts on November 8, 2024. (Photo: Sunrise Movement)
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