Walmart Files For Chapter 11 Bankruptcy After Closing 100 Stores, Laying Off 10k Employees

walmart

BETONVILLE, Arkansas – 

Walmart Stores, Inc. has reportedly filed for chapter 11 bankruptcy as of the first of January, after announcing that they would be closing over 100 stores nationwide, with over 10,000 employees being laid off. The bankruptcy comes as the company, the world’s largest employer, has steadily lost sales over the years to online retailers like Amazon.

“We can’t compete with Amazon, we’re not even close to their pricing on nearly anything,” said Walmart spokesman George Glass. “These online stores, they’re killing us. I work for the world’s largest company, and I only made $92,000 last year. How am I supposed to feed my family on that? We have filed for bankruptcy in hopes of restructuring the company and regaining the stranglehold – excuse me, I mean foothold – that we’ve had in the marketplace for the last 4 decades.”

Walmart employees say that they are the ones who are going to be hardest hit by this restructuring, which will more than likely include closing of several hundred more stores, leaving thousands more out of work.

“It’s just like when I worked for Ames. Then I worked for Circuit City. Then RadioShack. All these companies are becoming more and more obsolete every day,” said Walmart store manager Phil Angel. “At this point, I think the only thing really to do would be go and work at Amazon. Give it another 5 years, and there won’t be physical stores anymore for anything. Shit, I even do my grocery shopping on Amazon, and I work in a Walmart store with a grocery department – Amazon has better deals, even with my 6% employee discount!”

U.S. Postal Service Says They Are Closing After 2015 Holiday Season

WASHINGTON, D.C. –

After many years of floundering and struggling to make ends meet with a fast-dropping budget, the United States Postal Service say that they will be closing completely after the 2015 holiday.

“There are other companies who do what we do, but they do it faster, cheaper, and better,” said USPS Postmaster General Marge Lampoon. “Between UPS, FedEx, and – of course – email, we cannot compete any longer. It’s a sad day, for sure, but people have been doing without us for years. We think that they will be okay.”

The USPS says that they will be staying open through the holiday season, but that times for delivery will be much slower.

“We’re starting to cut back immediately, so there will be less delivery drivers, less people to sort, etcetera,” said Lampoon. “If you normally get your mail by 3pm each day, you may find you’re not getting it until 10 or 11am the following day. We urge you to not use our service at all if you need to get your package somewhere quickly. If it’s not time-sensitive, by all means! We’d love to still send it along for you.”

“It’s too bad, really, that they’re closing. I have all these Goddamn ‘forever stamps’ that, I guess, I don’t need,” said former USPS customer Mark Clemons. “I’m wondering now, actually, if I can sue them for false advertising. I mean, I just bought these things two weeks ago. I don’t consider two weeks forever. Ah, the hell with them.”

 

University of New Hampshire To Close; Schools Deems Everything ‘Too Offensive’

UNH

CONCORD, New Hampshire – 

After an internet firestorm was ignited over the University of New Hampshire releasing a “language guide” that lists the word ‘American’ as offensive, it seems as though the entire school system in the Granite State has decided to shut down permanently, finding that it is better to not teach the students at all in such an offensive environment.

“We decided it was best for the students of UNH to not learn anything at all than be forced to sit through classes, walk through campuses, eat school lunches, or attend school events that may be construed as ‘offensive,'” said Dean of Students Geraldine Charles. “The term ‘American’ was found offensive by at least one student, so we made a note of it in our language guide. Then, other students were offended that someone was offended. Then even more students were offended that those first students were offended, and soon, all we had was one big group of angry students who were more focused on being upset by something than learning about anything.”

“According to statistics, at least 1 out of every 2 people find every single post on the internet offensive, whether that be a picture of a cat, or a political statement, or a thought about a recent film,” said Dr. Joseph Thomas, who studies what people find offensive, and their overreactions to everything, at his offices at Cambridge. “Frankly, there is nothing at this point that someone, somewhere, won’t find offensive. And honestly, if we’re getting right down to brass tacks, that to me is pretty damn offensive.”

The University of New Hampshire may not be the only school to close its doors, after schools in New Mexico, Arizona, Delaware, and Georgia have also found that their idiot students may or may not get offended over everyday, casual concepts, words, and ideas, too.

Sprint Looks To Buy T-Mobile; Plans To Completely Dissolve Company

OVERLAND PARK, Kansas – empire-news-sprint-tmobile-merger-buyout-closing-dissolve-company

Negotiations have begun for Sprint, the third largest wireless company in the US, to purchase T-Mobile, the fourth largest wireless company, from their parent Deutsche Telekom. The merger is reported to be worth approximately $32 billion, with part being paid in cash and part in stock, a typical option for deals of this size.

Assuming that the FCC approves the deal, Sprint has stated that their plans for T-Mobile would be to phase it out completely, while converting their customers into the Sprint family. The T-Mobile network, which runs on the much faster GSM technology would remain intact, with Sprint converting their handsets to take advantage of the higher speeds necessary for such a large subscriber base and congested network. Combined, Sprint and T-Mobile would have nearly 100 million customers.

“We feel very strongly that there is absolutely no need for T-Mobile to continue on as a company once our purchase is cleared.” Said Dan Hesse, chairman of Sprint Corp. US. “They’ve done some great things for the wireless world in the last year or two, but it’s nothing that we can’t continue without them. If this merger happens, it will definitely be the end for T-Mobile.”

The news that T-Mobile could possibly be closing their doors hit hard for many employees in the company, especially low-ranking retail and call center workers, who just went through a similarly stressful situation a few years ago when AT&T was looking to purchase T-Mobile. That merger was denied by FCC regulators, citing laws against creating a monopoly within the industry.

“It’s extremely disheartening, the idea of them shutting us down.” Said Christopher Pike, a call center employee. “I was here when AT&T came strutting through, and tried to pick us up. It was horrible, stressful. No one knew what was going to happen. This is almost worse, because they’ve already told us that we’re going to be out of a job if this buyout is approved.”

Jon Legere, CEO of T-Mobile, doesn’t seem too worried about keeping a job within the company if the buy-out happens. Legere, who has only been with T-Mobile for the last couple of years, has become an outspoken president, known for his profanity-laced speeches calling out AT&T and Verizon for their “shady” practices and their old-school mentality.

“I always talked about AT&T, Verizon – I rarely ever talked any [expletive] about Sprint, because I knew this was going to happen eventually. It’s no surprise to me. You can’t be #4 in the game forever without #3 knocking on your door. Well, the door is open now, and it’s about time I take off this magenta shirt and start thinking about how I’m going to look in yellow.”

With T-Mobile inevitably on the route to the end, many customers who recently switched from Sprint were delighted that they would be able to go back.

“I switched over to T-Mobile when my contract with Sprint ran out. Needed to try something new, ya know?” Said Alex Winter, a long time Sprint subscriber. “They don’t have contracts, sure, but they suckered me into buying a phone for $750, and with monthly payments, it’s going to take 2 damn years to pay off, so it’s basically the same thing. I can’t leave them without paying an arm and a leg to get rid of this phone, and their service is terrible. I can’t wait to get back with Sprint.”

As of this writing, there were no definite terms completed for the possible buyout, with representatives for Sprint and T-Mobile refusing to comment.

 

 

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