Walmart Cuts Workers Hours after Hiking Wage Rates

Wal-Mart Stores Inc., in the midst of spending $1 billion to raise employees’ wages and give them extra training, has been cutting the number of hours some of them work in a bid to keep costs in check.
Regional executives told store managers at the retailer’s annual holiday planning meeting this month to rein in expenses by cutting worker hours they’ve added beyond those allocated to them based on sales projections.
The request has resulted in some stores trimming hours from their schedules, asking employees to leave shifts early or telling them to take longer lunches, according to more than three dozen employees from around the U.S. The reductions started in the past several weeks, even as many stores enter the busy back-to-school shopping period.
Chief Executive Officer Doug McMillon is trying to balance a desire to improve service -- partly through increased spending on his workforce -- against investors’ pressure to keep profit growing. Labor costs, which rose after Wal-Mart increased its minimum wage to $9 an hour in April, have weighed on earnings, which missed analysts’ expectations last quarter. At the same time, Wal-Mart is trying to maintain low prices to fend off rivals.

Whodathunkit?

Which will lead to poor service, dirty stores, poor movement of stock to shelves, and lost sales.

Some people never learn.

This is what I'm saying.

"According to more than three dozen employees from around the U.S."

max_weisenfeld said:
Which will lead to poor service, dirty stores, poor movement of stock to shelves, and lost sales.

Some people never learn.

...and this differs from pre-increased wages Wal-Marts how, again?

but its "proof" of something.

I don't know if it's proof of something, but these results are very predictable.

They are predictable, since it seems EVERYONE looks to vilify WalMart, whether they deserve it or not.