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My employer reported record profits last quarter, but is hiking up our insurance costs and cutting our benefits

Title says it all. My company sent out a memo bragging about their quarterly earnings and thanking us for our hard work. Not too long after, we got another memo saying that they will be passing on the increased costs of insurance to us, and that our benefits are markedly worse (higher deductible, higher copay). This will result in an extra $30 being taken out of each paycheck, or $780 per year. For worse benefits! What the fuck? All the while they’re bragging about how rich the shareholders are getting.


Title says it all. My company sent out a memo bragging about their quarterly earnings and thanking us for our hard work. Not too long after, we got another memo saying that they will be passing on the increased costs of insurance to us, and that our benefits are markedly worse (higher deductible, higher copay). This will result in an extra $30 being taken out of each paycheck, or $780 per year. For worse benefits! What the fuck? All the while they’re bragging about how rich the shareholders are getting.

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