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Companies plan massive layoffs as Obamacare becomes reality
The Washington Times ^ | 11/9/12 | Kerry Picket

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

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.

Stryker

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.

Boston Scientific

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.

Medtronic

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 ...


TOPICS: Business/Economy; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: 2012; alcatellucent; bhoeconomy; bholayoffs; boeing; bostonscientific; caterpillar; danaholdincorp; democrats; elections; hawkerbeechcraft; kroger; layoffs; medtronic; obama; obamacare; obamanomics; obamasized; obamasizing; obamatax; ownit; socialisthealthcare; stryker; umatillachemical; welchallyn
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To: Evil Slayer

St. Jude Medical just layed off about 800 employees this year due in large part to Obamacare.


41 posted on 11/09/2012 9:47:12 AM PST by Sopater (...where the Spirit of the Lord is, there is liberty. - 2 COR 3:17b)
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To: tnlibertarian

“Wife went ballistic when I tried just renting one. I couldn’t imagine what she’d do if I bought one. “

Best post of the day! :)


42 posted on 11/09/2012 9:47:55 AM PST by DonaldC (A nation cannot stand in the absence of religious principle.)
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To: Evil Slayer

It’s best to get that joint surgery you’ve been putting off....ASAP

I scheduled my rotatotor cuff surgery after Christmas. I’ve been putting it off.


43 posted on 11/09/2012 9:48:38 AM PST by Dr. Scarpetta
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To: Evil Slayer

Tried to tell them the horse was full of Greeks....


44 posted on 11/09/2012 9:55:22 AM PST by Tzimisce (2016? Not if the country's dead. :(:(:(:(:()
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To: DonaldC
Thanks I needed that am flying my flag upside down till someone tries to take it down the lead will fly
45 posted on 11/09/2012 9:56:21 AM PST by reluctantwarrior (Strength and Honor, just call me Buzzkill for short......)
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To: tnlibertarian

I told my 6 year-old son one night that we would be having chicken livers for dinner the next night.

He replied - “YES! I LOVE chicks delivered!”


46 posted on 11/09/2012 10:04:44 AM PST by ItsOurTimeNow ("This ain't no party, this ain't no disco, this ain't no foolin' around.")
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To: Evil Slayer

In addition to the massive layoffs ... I like many business owners had expansion plans ready to implement Nov 7th ... now we are downsizing.

We are debating two different plans ....

A Plan to simply Survive

B Liquidate and go Galt

TT


47 posted on 11/09/2012 10:07:14 AM PST by TexasTransplant (Radical islam is islam. Moderate islam is the Trojan Horse.)
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To: Gator113
Those that didn’t vote for ‘love of country’ STAND AND REJOICE!! You are getting the rewards of your efforts."""".....

You said it. They showed in mass yesterday, bragging how they voted the other guy, or wrote in Geo. Washington, or other such as JESUS. They were proud of what they did. They just had to vote their principles, big whoopie.

Do they DARE come into FR and complain about Obama EVER AGAIN?? We know who they are, need a file to remind them of what they did. THEY MAKE ME SICK. I hope they get every obama reward coming to them, they deserve every bit, I don't.

I'm with you on your Tag line. Newt was my first choice, but will be damned if I would waste my chance to vote AGAINST Obama.

You weak liver lillied traitors who voted for OTHER, DO NOT POST TO ME. YOU ARE DEFRIENDED,and have no right to speak on how much you hate Obama and his next 4 years. YOU DID THAT, you built that.

48 posted on 11/09/2012 10:20:22 AM PST by annieokie
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To: tnlibertarian

Have you tried adopting?

[duck]


49 posted on 11/09/2012 10:29:12 AM PST by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: Doctor 2Brains
Bullshit! Free health care is free (and a right) so I don’t see how a free thing could result in layoffs.

Hahahaha....nice!

50 posted on 11/09/2012 10:49:28 AM PST by Getsmart64
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To: Truth29
"Go Galt."

Go Galt? What the f have you been doing for four years?

51 posted on 11/09/2012 10:51:56 AM PST by StAnDeliver (Own It.)
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To: MrB
Buy some chicks, too.

Why buy them?

I want my money for nothing, chicks for free, just get on the MTV. B-D

HMmmm, actually that's the Obama codswallop the sheeple love.

Sorry about that, need humor break from Dire Straits, I'm an 80's guy anyhoo.

We are in dire straits now....

Boy, I miss the 1980's.... B-(
52 posted on 11/09/2012 10:54:57 AM PST by Nowhere Man (Whitey, I miss you so much. Take care, pretty girl. (4-15-2001 - 10-12-2012))
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To: Evil Slayer

Medtronic... sponsor of NPR... enjoy your layoffs leftists.


53 posted on 11/09/2012 11:05:19 AM PST by upchuck (We are not finished yet. But when nobama chooses some more SCOTUS judges, we will be. For ever.)
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To: MrB

Since we have to wait the 4 yrs anyway, I’ll wait and read it then to see how accurate it was.


54 posted on 11/09/2012 11:14:31 AM PST by stuartcr ("When silence speaks, it speaks only to those that have already decided what they want to hear.")
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To: Evil Slayer
A wise executive would see the damage his policy is creating and reverse course.

A wise one.

55 posted on 11/09/2012 11:38:09 AM PST by SoFloFreeper
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To: annieokie

I love the way you think. ;-)

I have already had to deal with a couple of them posting to me, arrogantly And ignorantly trying to justify thier failure to support this country. They will soon learn not to bother with me, as I will give no quarter.


56 posted on 11/09/2012 12:16:21 PM PST by Gator113 (I would have voted for NEWT, now it's Romney & Ryan.~Just livin' life, my way~)
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To: ItsOurTimeNow
“YES! I LOVE chicks delivered!”

That'll make a Dad proud.

57 posted on 11/09/2012 12:18:01 PM PST by tnlibertarian
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To: Gaffer

New slogan, Three B’s

Beans
Bullets
Bandages


58 posted on 11/09/2012 12:26:11 PM PST by USAF80
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To: USAF80

I’m down to the point where I’m having to shoot off my old ammo for practice now. I went to the range a couple of days ago and shot a batch of 1942 WCC, RA and FA rounds....still Good! Only two primers failed to fire on the first pinch....rehit and they fired straight away.


59 posted on 11/09/2012 12:29:40 PM PST by Gaffer
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To: Gator113

We are often in agreement my friend, but quit that.

Do you really believe that Romney and the Republican leadership were going to repeal Obamacare (and not replace it with their own monstrosity)?

Do you really believe Romney would substantially roll back the government?

The Republican Party is a big government party. Just less than the other guys. How many times have you seen just enough Republicans peel off at the last minute to allow a big government piece of legislation go through? In the end there always seems to be enough Republicans cross the aisle to allow big government to move forward.


60 posted on 11/09/2012 12:30:38 PM PST by trappedincanuckistan (livefreeordietryin)
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