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Cities cut hours over Obamacare

Special to SEGAZINE

Many cash-strapped cities and counties facing the prospect of shelling out hundreds of thousands of dollars in new health-care costs under the Affordable Care Act are opting instead to reduce the number of hours their part-time employees work, reports The Washington Post.

The news follows word that Atlanta-based United Parcel Service Inc. (NYSE:UPS) and other companies are cutting spouses from insurance roles.

Atlanta-based Delta Air Lines Inc. this week warned that Obamacare will cost the carrier $100 million in 2014.

Atlanta Business Chronicle.

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