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.
The key phrase there is "required by the U. S. health care law."
Destroyed by Democratic talentless crony John Corzine, MF Global lays off it's entire worldwide workforce.
Corruption always has it's costs, and this is a heavy one for all the MF Global employees. Just ask the now jobless Solyndra folks.
Hawker Beechcraft CEO Bill Boisture warned employees in a letter last week of the looming job reductions, which he said were necessary because the business jet market hasn’t returned as soon as expected. The company must adjust to the new realities, he wrote.
I guess all that easy demonization of those who use the corporate airplane is having the desired effect. Thanks for the additional damage to the manufacturing base, Obama.
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