http://finance.yahoo.com/news/ceo-workers-youll-likely-fired-131640914.html I'd like to see a wave of this.... A necessity to start taking the country back from the brink of Socialism.
I saw this a couple of days ago at the Huffington Post. They made it out to be a bad thing. I think more than anything it is realistic. If Obama cannot deliver on the economy, which he likely won't, then that is a realistic outcome.
I saw another story about a small business... when Odumbocare kicked fully in, his healthcare costs for employees would rise from about $100K to $440K. The owner said, "BULLSHIT ON THAT"... claimed he'd lay off workers, cut back others to part time. Odumbo is not even TRYING to "deliver on the economy"... he's doing all he can to jam Socialism and Big Government control... the REAL objectives of Odumbocare... up our butts in such a way that we won't be able to pull them back out! (Unfortunately, he's been good at that... and taking expensive vacations, of course.)
NEW YORK -- The owner of Olive Garden and Red Lobster restaurants is putting more workers on part-time status in a test aimed at limiting costs from President Barack Obama's health care law. Darden Restaurants Inc. declined to give details but said the test is only in four markets across the country. The move entails boosting the number of workers on part-time status, meaning they work less than 30 hours a week. Under the new health care law, companies with 50 or more workers could be hit with fines if they do not provide basic coverage for full-time workers and their dependents. Starting Jan. 1, 2014, those penalties and requirements could significantly boost labor costs for some companies, particularly in low-wage industries such as retail and hospitality, where most jobs don't come with health benefits. Darden, which operates more than 2,000 restaurants in the U.S. and Canada, employs about 180,000 people. The company says about 75 percent of its employees are currently part-timers. Bob McAdam, who heads government affairs and community relations for Darden, said the company is still learning from the tests, which was first reported by the Orlando Sentinel. it will be amazing the number of firms that will have 49 employees.
Might as well tell the employees to start filling out unemployment. Cause Obama is going to win whether he likes it or not. Damn CEOs always looking for media sensation.
Remember back when... I think caterpillar mentioned they'd lay off workers or something if Obamacare passed and the WH told them to shut up. Push back from the 1%'ers .....I love it. Shows ya the American spirit is alive and well.
ding ding ding....... the good news is: number of small business to increase under obama care, duh, is that an 6 slice pizza or 8 slice pizza
This country should start living within its means. It may be that he wants to downsize or sell the company anyway and can get free political exposure in the press at the same time. GS