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Starbucks won't cut worker benefits ahead of Obamacare: CEO

Started by riky, August 27, 2013, 09:00:26 AM

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riky

Starbucks won't cut worker benefits ahead of Obamacare: CEO

<p><a href="http://news.yahoo.com/starbucks-wont-cut-worker-benefits-ahead-obamacare-ceo-203607001.html"><img src="http://l1.yimg.com/bt/api/res/1.2/m5MyiyUsNDe9RONORO7BnA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-08-26T203607Z_1_CBRE97P1L9700_RTROPTP_2_STARBUCKS-CHINA-EMPLOYEES.JPG" width="130" height="86" alt="Howard Schultz CEO of Starbucks poses during an interview with Reuters in Shanghai" align="left" title="Howard Schultz CEO of Starbucks poses during an interview with Reuters in Shanghai" border="0" /></a>By Atossa Araxia Abrahamian NEW YORK (Reuters) - Starbucks Coffee Co will not follow the lead of other companies that are cutting health insurance benefits or reducing hours for employees in anticipation of the U.S. Affordable Care Act, the coffee shop chain's CEO Howard Schultz told Reuters on Monday. &quot;Other companies have announced that they won't provide coverage for spouses; others are lobbying for the cut-off to be at 40 hours. ...</p><br clear="all"/>

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