USA: Obama says Staples should provide health coverage to workers without cutting wages

Author: Reuters, Published on: 12 February 2015

"Obama slams Staples, big companies on healthcare: 'Shame on them'",

U.S. President Barack Obama singled out office supply company Staples Inc as undercutting his healthcare reform law and said large corporations should not use the health insurance issue as an excuse for cutting wages..."I haven’t looked at Staples stock lately or what the compensation of the CEO is, but I suspect that they could well afford to treat their workers favorably and give them some basic financial security, and if they can't, then they should be willing to allow those workers to get the Affordable Care Act without cutting wages," Obama said...Staples shot back on Wednesday, saying the company's policy on part-time workers was more than a decade old and not a response to the 2010 health care law...

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Related companies: Staples