Skip to comments.Companies plan massive layoffs as Obamacare becomes reality
Posted on 11/09/2012 8:58:44 AM PST by Evil Slayer
Freedom Works has put together a list of companies that will be laying of employees as a result of President Barack Obama's health care law:
Welch Allyn, a company that manufactures medical diagnostic equipment in central New York, announced in September that they would be laying off 275 employees, or roughly 10% of their workforce over the next three years. One of the major reasons discussed for the layoffs was a proactive response to the Medical Device Tax mandated by the new healthcare law.
Dana Holding Corp.
As recently as a week ago, a global auto parts manufacturing company in Ohio known as Dana Holding Corp., warned their employees of potential layoffs, citing "$24 million over the next six years in additional U.S. health care expenses". After laying off several white collar staffers, company insiders have hinted at more to come. The company will have to cover the additional $24 million cost somehow, which will likely equate to numerous cuts in their current workforce of 25,500 worldwide.
One of the biggest medical device manufacturers in the world, Stryker will close their facility in Orchard Park, New York, eliminating 96 jobs in December. Worse, they plan on countering the medical device tax in Obamacare by slashing 5% of their global workforce - an estimated 1,170 positions.
In October of 2009, Boston Scientific CEO Ray Elliott, warned that proposed taxes in the health care reform bill could "lead to significant job losses" for his company. Nearly two years later, Elliott announced that the company would be cutting anywhere between 1,200 and 1,400 jobs, while simultaneously shifting investments and workers overseas - to China.
In March of 2010, medical device maker Medtronic warned that Obamacare taxes could result in a reduction of precisely 1,000 jobs.
(Excerpt) Read more at washingtontimes.com ...
I've had to lay off the rest of the word. Sorry.
Our job is done, and our glorious days of dictatorship have begun.
At least now, we’ll get to see what will really happen with another 4yrs of Obama...
Added to layoffs thread
stock up and a couple years of non-perishable foods
get some good quality seeds for a garden
don’t be skimpy on home-defense
Long past time for stocking up on seeds.
Get the garden started. I know it’s winter, but you better have a plan to get it going first thing.
Buy some chicks, too.
Bullshit! Free health care is free (and a right) so I don’t see how a free thing could result in layoffs.
Time to eat your peas, Obama losers.
Sadly, this is good news for Obama and the Democrats. Once out of the work force or working for reduced hours/pay, these people will be candidates for government assistance; more welfare, more food stamps, more Obamaphone, more unemployment, more subsidized transportation and housing, more socialized healthcare, more everything. Once dependent on big government they must rely on their slave masters and eagerly embrace them at the next election.
Indeed, most 0zombies believe that 0bamacare means
“free healthcare for all on demand”
and there’s nothing you can say to convince them otherwise.
unemployment over 10% coming almost immediately
This is what the sheeple voted for. You do get the government you deserve, and so many DESERVE THIS.
I’m done fighting it.
Those that didn’t vote for ‘love of country’ STAND AND REJOICE!! You are getting the rewards of your efforts.
Now, when do we get our new Obama flags to replace this old and irrelevant Stars and Stripes rag??
I don’t know what all these people are worried about
Obama will make it illegal to lay people off soon
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