http://www.freep.com/article/20111111/BUSINESS06/111110345/Stryker-cut-5-workforce
Stryker to cut 5% of workforce
Nov. 11, 2011
FREE PRESS NEWS SERVICES
Michigan Business
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Stryker, the Kalamazoo-based maker of artificial hips and knees, will cut 5% of its global workforce by the end of next year to reduce costs in the face of new fees on device makers required by the U.S. health care law.
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And, I’ll bet it’s not just the new fee that’s scaring them into layoffs.
I’ll guess that with Obamacare, employees will get new “rights” and become more expensive.
Add to that, they probably figure Medicare will be paying for fewer artificial anythings as well as paying less.
Seems prudent to me.
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Reinke Faces Life 