Skip to main content

Posts

Showing posts with the label Lowe's

The Fight Goes On

Reports are coming out of the government saying the economy is good, but tell that to the people who are working at Lowe’s, a retail giant company, which is scheduled to layoff thousands of workers from the assembly lines to janitors. Many of these employees have worked full time for the company for years putting together girls, wheelbarrows and other products. The company plans to outsource the assembly of products to the companies that pay lower wages and fewer if any benefits. Lowe’s is in competition with Home Depot to boost its profits off the backs of workers. The company has already closed 140 stores during the last year. The workers will not get severance pay instead they will get up to two weeks pay. The loss of jobs within the retail industry is just beginning. Some workers are being fired as 7,500 stores are closing this year. Many have depleted once thriving shopping malls. The rising dominance in retail sales of Amazon and Walmart turning to robotization instead of empl...