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September 23, 2013 - Harry Eagar
Remember those predictions that Obamacare would result in lost jobs; or reduction of full-time jobs to part-time; or to ditching company medical plans?
Not at the nation's biggest retailer. Bloomberg News sez:
"Wal-Mart Stores Inc. is moving 35,000 part-time workers to full-time status and is elevating another 35,000 to part-time from temporary after struggling to keep shelves stocked with too few employees in the past year."
Reading further, it seems the geniuses in Bentonville (who don't even trust their managers to turn on the lights) cut payrolls by 10% while adding 500 stores. But it turns out workers are valuable to businesses after all.
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