Originally published on October 10, 2014, at NationofChange.org
Despite rising income and sales figures, Wal-Mart announced plans on Tuesday to terminate health benefits for 30,000 part-time employees at the end of the year. Majority shareholders and heirs to the Wal-Mart fortune, the Walton family refuses to provide a living wage to their workforce who requires public assistance in order to survive. Endorsing international slave labor, Wal-Mart purchases inventory from a food conglomerate that routinely commits human rights violations against unpaid and abused workers.
In a blog ironically titled “Providing Quality Health Benefits for Our Associates,” Wal-Mart Senior Vice President Sally Welborn declared America’s largest retailer will no longer provide health benefits to part-time employees working less than 30 hours per week. In 2011, Wal-Mart cut benefits for new associates working less than 24 hours per week. And in 2012, the corporation ceased offering coverage to new employees working less than 30 hours per week. But starting on January 1, 2015, all associates working less than 30 hours will be affected.
Wal-Mart joins Home Depot, Target, Trader Joe’s, and Walgreens in dropping health benefits for part-time employees despite increases in net income and sales. In Wal-Mart’s most recent quarterly filing, the company reported $4.09 billion in net income and $119.3 billion in net sales. That is a growth of 2.8% from last year’s $116.1 billion in net sales.