In 2015, an Affordable Care Act provision requiring large employers to offer health insurance to staff working more than 30 hours a week kicked into effect. Now, some part-time staff at Staples say management has become extra vigilant about limiting their hours.
The agreement will create a huge business supply company.
What happens when your business is declining with no end in sight? Panicked dealmaking, selling new stock to raise cash, laying off employees, and everything else in the parade of corporate horribles.
Some of Wall Street’s top companies have come under fire from investors fed up with their current management and financial performance and agitating for change. Call it the golden age of the activist.