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Tuesday, August 20, 2013

Obamacare Strikes At Forever 21 Which Forcibly Demotes Some Workers To 29.5 Hours Per Week

ZeroHedge A firestorm broke out during the weekend over the latest part-timing impact from Obamacare (covered here extensively previously), this time in the form of a leaked memo by retailer Forever 21, which announced that some employees would be demoted to part-time status. The memo, which announced forcible part-time changes would take place on August 18 with full loss of benefits to take place by August 31, was leaked by a disgruntled employee on their Facebook page. The highlight from the memo: Company-wide, Forever 21 recently audited its staffing levels, staffing needs and payroll in conduction with reviewing its overall spending budget. As a result, we are reducing a number of full-time non-management positions....



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