Fergie's Tech Blog

On Private Web Site, Wal-Mart Chief Talks Tough

Steven Greenhouse and Michael Barbaro write in The New York Times:

In a confidential, internal Web site for Wal-Mart's managers, the company's chief executive, H. Lee Scott Jr., seemed to have a rare, unscripted moment when one manager asked him why "the largest company on the planet cannot offer some type of medical retirement benefits?"

Mr. Scott first argues that the cost of such benefits would leave Wal-Mart at a competitive disadvantage but then, clearly annoyed, he suggests that the store manager is disloyal and should consider quitting.

posted by Fergie @ 2/17/2006 08:08:00 AM