The Traderszone Network

Published in TZ Latest News 7 October, 2014 by The TZ Newswire Staff

Wal-Mart to stop healthcare benefits for some part-time workers

Wal-Mart Stores Inc said it would no longer provide health benefits to some part-time workers in the United States due to ballooning healthcare costs. The company said on Tuesday it would stop health benefits for part-time associates who work less than 30 hours. Wal-Mart cut its full-year profit forecast in August, citing higher employee benefit costs, among other things.