and the casualties begin to stack up
Thread Starter
un-Touch'd krew
Joined: May 2001
Posts: 51,774
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From: My own level of hell
and the casualties begin to stack up
John Deere:
Apparently Verizon has also sent out warnings that they are going to have to cut their workforce due to increasing costs associated with this.
Hang on folks it's gonna get bumpy:tsk:
Deere Says New Health Care Reform Law Will Increase 2010 Expense By $150 Million After-Tax
Deere & Company announced today that the Patient Protection and Affordable Care Act signed into law this week will adversely impact its expenses for fiscal 2010. As a result of the legislation, the company's expenses are expected to be about $150 million higher on an after-tax basis, primarily in the second quarter. This impact was not included in the 2010 outlook for net income attributable to Deere & Company of approximately $1.3 billion disclosed in the company's first-quarter earnings report on February 17th.
Deere & Company announced today that the Patient Protection and Affordable Care Act signed into law this week will adversely impact its expenses for fiscal 2010. As a result of the legislation, the company's expenses are expected to be about $150 million higher on an after-tax basis, primarily in the second quarter. This impact was not included in the 2010 outlook for net income attributable to Deere & Company of approximately $1.3 billion disclosed in the company's first-quarter earnings report on February 17th.
Hang on folks it's gonna get bumpy:tsk:
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"I'll keep my money, guns and freedom. You can keep the "Change."
"I'll keep my money, guns and freedom. You can keep the "Change."
Senior Member
Joined: May 2002
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From: Sacramelto, home after 10 years in Texas
Primarily in the skyrocketing health insurance premiums. Mandate that you offer benefits to part and full time employees will also cost plenty. Hard to say, since the text of the new playbook has only been out about a week, and it will be changing as it goes along, probably not getting better.
