Garment workers face ruin as brands ditch clothing contracts amid pandemic [CNNMoney.com]
Walmart Inc. (WMT)
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Source: CNNMoney.com
Hong Kong/Dhaka, Bangladesh (CNN Business) When Fatema Akther arrived for work at the Alif Casual Wear garment factory in Dhaka in late March, she had no idea it would be her last day. "My line chief came and told me that I didn't have to work anymore," said Akther, 25, who had been employed there for five years. She said the company, which could not be reached for comment, decided to close the factory, leaving her without a source of income past March. Coronavirus: Latest news on the COVID-19 global pandemic The coronavirus pandemic has led factories to furlough or lay off more than half of the country's nearly 4.1 million garment workers, according to estimates from the Bangladesh Garment Manufacturers and Exporters Association (BGMEA). Like Akther, most of them are women, and the roughly $110 they earn every month is often their families' only source of money. "My family runs on my single income," said Akther, who said she provides for her husband and child.
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WMT
Earnings
- 11/20/25 - Beat
WMT
Sec Filings
- 12/4/25 - Form 144
- 12/4/25 - Form 4
- 12/3/25 - Form IRANNOTICE
- WMT's page on the SEC website