104919240-GettyImages-875075340.530x298

This week, large retailers made announcements following the recently passed tax cuts. Walmart raised salaries for hourly workers to $11 per hour and announced one-time bonuses to 1,000 eligible employees, but it also announced the closure of 63 Sam’s Club stores and replacement of 3,500 store managers with lower-paid positions. Michael Corkery of the New York Times joins Hari Sreenivasan for more.

Leave a Reply

Your email address will not be published. Required fields are marked *