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Seriously? this is what we get on day 3?

Posted by on Nov. 9, 2012 at 3:30 PM
  • 178 Replies

PICKET: Companies plan massive layoffs as Obamacare becomes reality


Freedom Works has put together a list of companies that will be laying off 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. That plan became reality when the company cut 500 positions over the summer, with another 500 set for the end of 2013.

Others

A short list of other companies facing future layoffs at the hands of Obamacare:

Smith & Nephew - 770 layoffs
Abbott Labs - 700 layoffs
Covidien - 595 layoffs
Kinetic Concepts - 427 layoffs
St. Jude Medical - 300 layoffs
Hill Rom - 200 layoffs
Beyond the complete elimination of a significant number of American jobs is another looming problem created by the health care law - a shift from full-time to part-time workers.

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by on Nov. 9, 2012 at 3:30 PM
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Replies (1-10):
Anonymous
by Anonymous 1 on Nov. 9, 2012 at 3:31 PM
1 mom liked this

slap

justpeachy71904
by peachy on Nov. 9, 2012 at 3:31 PM
What do you expect? Really why should they have to pay for their benefits?
Posted on the NEW CafeMom Mobile
Maks1mommy
by Ruby Member on Nov. 9, 2012 at 3:31 PM
I don't understand why they're doing that...
Posted on the NEW CafeMom Mobile
Anonymous
by Anonymous 2 on Nov. 9, 2012 at 3:32 PM
3 moms liked this

take a look at the stock market too!

kgirl58
by on Nov. 9, 2012 at 3:33 PM

Are you objecting to the layoffs or the pickets?

Anonymous
by Anonymous 2 on Nov. 9, 2012 at 3:33 PM

with taxes rising and deductions cut what do you expect? They have to make up for it somehow

Anonymous
by Anonymous 3 on Nov. 9, 2012 at 3:34 PM
12 moms liked this

I knew this was happening.  people wanted their black president in office, though...

Emilytrademark
by on Nov. 9, 2012 at 3:34 PM
1 mom liked this

 Can't they just modify their insurance packages?

Dzyre1115
by Desiree` on Nov. 9, 2012 at 3:35 PM
19 moms liked this

 This is the new reality, it's what the people wanted, right?

Kokoscold
by on Nov. 9, 2012 at 3:36 PM
18 moms liked this

Wow really.... You had to use the race card didn't you... No wonder you used "Anonymous"

Quoting Anonymous:

I knew this was happening.  people wanted their black president in office, though...

 

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