24/7 Wall St. has come out with a list of 10 most hated companies in America.
The list is based on a number of points including angry employees with unpleasant working conditions or low pay, and fail shareholders with poor returns.
According to the Huffington Post, many of the most-hated companies have millions of customers and hundreds of thousands of workers.
McDonald's and Walmart are part of the worst companies list as employees and some customers have protested the low wages at these companies - low enough to put workers below the poverty line.
Mass layoffs also contribute to low worker morale. Some of the most-hated companies have significantly reduced their workforces.
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BlackBerry has cut a third of its headcount as competitors Apple and Samsung have taken most of its market share.
Wall Street has accused BlackBerry's (NASDAQ: BBRY) management of missing the rapid adoption of consumer-friendly smartphones.
The 10 most-hated companies in America, according to 24/7 Wall St. are:
10. JCPenney
JCPenney has probably made more operational and strategic mistakes than any other large publicly traded company in America.
9. BlackBerry
The long and tragic decline of BlackBerry is a good example of how quickly a market leader can go astray.
8. lululemon
lululemon was once one of the world's most-promising retail companies. However, it has fallen on hard times. Shares are down nearly 20% in the past 12 months, compared with the S and P 500's 25% increase.
7. JPMorgan Chase
JPMorgan Chase (NYSE: JPM) has been embroiled in several major scandals in recent years.
6. Walmart
Like McDonald's, Walmart (NYSE: WMT) bore the brunt of the labor protests around raising the minimum wage last year. The company employs more workers who make less than $10 per hour than any company in America.
5. DISH Network
DISH earned a spot in MSN's 2013 Customer Service Hall of Shame largely because of its aggressive sales tactics.
4. Sears Holdings
Sears Holdings (NASDAQ: SHLD) is the parent corporation of retailers Sears and Kmart - both notorious underperformers. Investors have lost trust in controlling shareholder and chairman Eddie Lampert, whose poor management and decision-making has caused the company to shrink.
3. Electronic Arts
Leading game maker EA (NASDAQ: EA) has recently hit some serious roadblocks.
2. Abercrombie and Fitch
1. McDonald's
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McDonald's has hundreds of thousands of employees who earn barely more than the minimum wage.
