Just The Beginning: Obamacare Taxes Forces Move of 1400 Jobs To China
Thanks to the taxes that Obamacare places on medical devices, Boston Scientific Corp. has decided to lay off close to 1500 people here in the United States, and move those jobs to China, where they will not be subjected to the over-reaching and overbearing regulations placed on them by the Obama administration.
Many people, including us, said long ago that Obamacare will cause issues like this to start happening at a much more frequent pace, and now we see it starting to come true, as most of our other predictions have as well.. and this is just the beginning!
…Boston Scientific Corp. said yesterday that it plans to eliminate 1,200 to 1,400 jobs worldwide during the next 2 1/2 years to free money for new investments, the Natick medical device maker’s second major round of cuts since last year.
The company would not say how many jobs will be lost in Massachusetts, where fewer than 2,000 of its 25,000 employees are based. In February 2010, Boston Scientific said it would pare 1,300 jobs worldwide, but similarly did not say where.
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