In the Bizarro World of US capitalism, a major company pretends cancelling healthcare insurance for part-time workers is done out of concern for them, and they will actually prefer things that way anyway. Absolutely. Workers enjoy being shafted and treated like used Kleenex, even if management didn’t actually bother to ask them if they’d be happy about having health insurance cancelled.
Effective April 1st, Target announced to day that it would no longer offer healthcare coverage to its part-time employees. As The Hill reports, Target’s HR executives ‘spun’ the decision as good for the employees…”by offering them insurance, we could actually disqualify many of them from being eligible for newly available subsidies that could reduce their overall health insurance expense.”
I’m sure you’re as stunned as I am by the concern and great generosity of Target management, who are trying their best to emulate banksters and gouge and cheat everyone they come in contact with. Employees are now treated the same as the “muppets”, Goldman Sachs slang for their own clients who were routinely shafted so bank profits would rise.