Walmart is currently hiring at cheaper rates to help the freight keep moving while transitioning to have their freight moved by 3rd parties. They’re not looking for drivers to stay long term, they want drivers who at the 38 cpm payrate don’t mind job hopping every year as they most likely won’t have a job by the end of 2019.
News broke today they invested a zillion dollars buying into India. Moneys got to come from somewhere?
Another business they’ll destroy and sell off in four years. You notice everything this worthless company touches turns to rubbish?
Well 16b buying a door into India. Hard assed market to get into because of restrictions there. Buying an Indian company might get Walmart a foothold where they have been previously blocked. Not really going to make a difference for us other than stock price and such.
I hope GS can speak Punjabi when he has to clean house in India to make the company operate even worse off than it was.