The very day that Wal-Mart announced its own bonuses of up to $1,000 (like Home Depot, the maximum will go to workers with 20 years or more with the company) it announced that 10,000 employees would lose their jobs, chiefly due to the shuttering of many of its Sam's Club membership stores. Kimberly-Clark announced last week that it would pare employment by up to 5,500, or as much as 13% of its workforce. As an indication of how the tax cuts really may impact the ordinary worker, the company said it would pay for severance and other "restructuring" costs partially with its savings from the tax cut.

Source: Los Angeles Times January 30, 2018 22:14 UTC