Enter your email address and start getting breaking law firm and legal news right now!
|Free Market Evaluation - Send us your resume and we will give you free feedback|
Obama’s Biggest Supporters — Stryker, NBC, — Layoff Employees to Handle Obamanomics View Count: 260
Some have noted the irony that Obama’s highest donor the Stryker Corporation will be cutting 1,170 to brace itself for the new tax for the Affordable Care Act, but they aren’t the only one making changes. NBCUniversal, who went a long way in endorsing Obama, are also making “nips and cuts” over their conglomerate, eliminating 500 positions, 1.5 percent of their work force by year’s end.
Of course, they suffered broader layoffs before Comcast took them over. The cuts are explained as for efficiency. As the Hollywood Reporter details:
The layoffs are part of a months-long concerted effort by parent Comcast to rein in costs by eliminating inefficiencies and duplications among staffs at various departments before year’s end, an insider confirmed.
For example, three weeks ago, NBCU’s G4 network canceled Attack of the Show! and X-Play, causing dozens of layoffs. Two months before that, about 20 people at The Tonight Show were let go.
But not only will Stryker and NBC and other giants take a hit with “Obamanomics,” but the entire economy will be seething and reeling to get used to the expectations the government is enforcing over employers and the way they insure their employees. Of course, Obama supporters will not be exempt.Obama's Biggest Supporters -- Stryker, NBC, -- Layoff Employees to Handle Obamanomics by Daniel June