Profit Does Not Matter
I may not understand all the ins-and-outs of unions, but I do know they tend to hurt organizations. They may have had a time in our history, and I do believe workers deserve certain rights and should be able to stand up for themselves when needed, but the cost of and corrupt nature that has become unions have made me an avid “union-hater”.
The above link came to my inbox from the Arkansas Business daily update.
Obviously the article has special importance in Arkansas as Arkansans are “real proud” of their Wal-Mart.
But the lesson to be learned spans beyond our small state’s borders and are far bigger than Canada. It seems that if you own a business, and that business is failing you may have to rethink a shut down-if you employ union workers.
A Wal-Mart in Canada is being sued for closing its doors not long after its employees filed to be a union. Did the company close for this reason alone? Probably not. But, if the company was already hurting, then they find out their employees have unionized, might they have projected even lower profits? You betchya! Should a company not be able to close down if they are failing and expect/project even bigger drops in profit due to new expenses (i.e. unions)? And here I thought businesses were suppose to MAKE money (it sure does help when it comes to writing pay checks), I guess that little necessity does not matter to unions.
It is a shame that so many people have lost their jobs, not to mention the indirect costs to that particular economy because Wal-Mart understands something our crackpot government cannot understand…unions are bad for business. Good luck to WM in their legal battles.