Wal-Mart to stop healthcare for some part-timers




 
--
Boots
 
October 7th, 2014  
News Manager
 

Topic: Wal-Mart to stop healthcare for some part-timers


(Reuters) - Wal-Mart Stores Inc said it would no longer provide health benefits to some part-time workers in the United States due to ballooning healthcare costs. The company said on Monday it would stop health benefits for part-time associates who work less than 30 hours. The move is expected to impact about 2 percent of the company's workforce, the company said in a blog post. Wal-Mart cut its full-year profit forecast in August, citing higher employee benefit costs, among other things. The company said then that it expected to spend $500 million on U.S. ...




Read more...