COMPANIES PLAN MASSIVE LAYOFFS AS OBAMACARE BECOMES REALITY…

November 9, 2012 5:59 pm  

(Washington Times) – The Tea Party 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.

SPECIAL: FAX BLAST ALL 100 U.S. Senators AND ALL 435 U.S. Representatives! ObamaCare Must Be Destroyed With A Vote Of Congress!

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.

http://www.washingtontimes.com/blog/watercooler/2012/nov/8/picket-companies-plan-massive-layoffs-obamacare-be/

Chants for 'Karl Marx,' 'socialism' at Dem victory rally
Glenn Beck: Establishment GOP is over

Top Stories

Big Development for Bakery After IRS Seized its Cash 'We just want the government to leave us alone' (Huffington Post) - He was at his family’s bakery in Norwich, Connecticut, when a squad of arme...
Gingrich: Trump Needs Ability to Fire ‘Incompetent Bureaucr... (Newsmax) - Newt Gingrich said the ability to fire "incompetent bureaucrats" is one of the first pursuits he would suggest of a President Donald Trump...
TSA BREAKDOWN: JFK Airport Workers Entering Restricted Area Witho... (CBS News) - John F. Kennedy International Airport workers have been able to enter a restricted area of the airport without being checked. CBS News...
Calls for Britain’s ‘Sweetheart’ Tax Deal with ... (Daily Mail) - Calls have been made for Britain's 'sweetheart' tax deal with Google to be probed in the wake of a dawn raid on the internet giant's Pa...
TSA Boots Head of Security Amid Furor Over Long Lines (USA Today) - The Transportation Security Administration ousted its head of security this week because the agency is seeking a "different approach,...
How the TSA Kills Hundred of People Every Year There's evidence that TSA may actually cause a significant number of deaths (Infowars) - Experts increasingly agree that the TSA is inept and has n...

Comments


Please help us stay spam-free. Mouse over a spam post and click the X to report spam.