The Consumer Financial Protection Bureau has sued Walmart and fintech company Branch Messenger for allegedly forcing more than a million delivery workers to use expensive deposit accounts to access their paychecks, the agency announced: https://cnn.it/3VPRyWQ
Michael Ellis
2mo
Unfortunately, yes. I, briefly, worked for a developer who styled his business after Mr. Trump’s company. He thought Mr. Trump’s business model was ideal for making money. He wasn’t wrong. I remember a small contractor who was owed $100K in “holdback” at the end of job. My employer decided to offer him $50K despite the fact that he had completed his contract. It was take it or leave it, with a promise he would tie any legal action up in the courts for years. The contractor went bankrupt & I resigned over that & other incidents. Live & learn.
Michael Ellis
2mo
Wow, I wonder how Walmart profited from this arrangement? Nothing happens by chance. I guess the CFPB is on Mr. Trump’s radar for elimination. Can you imagine those corrupt CFPB personnel having the audacity to go after Walmart for their conduct? That is something that should not be permitted, or rather, you should never hear about.
If you shop at Walmart? You should expect this.
Marketing, Technology, Sales, Security.
2moThere are a lot of companies doing this. It’s usually an “opt in” situation that is another way to exploit employees.