Saturday, March 28, 2020

They Have Some Greedy Companies in Texas

While Congress was working out the details on a bill that would provide Americans with stimulus checks, at least one Austin company was looking for ways to save payroll.
...
The agreement would put workers under a “temporary compensation reduction that is in line with the assistance that it receives from the federal government related to the COVID-19 pandemic.” By signing the agreement, the company’s employees would have their paychecks between April 6 and April 20 cut by 100% of any money received under the stimulus bill.

The company would also take half of the $500 stipend allotted for dependents under the bill.
That's American capaitalism for you: Rob the workers whenever you can.

Eventually, the name of this greedy company and the assholes who own it will become public.

6 comments:

  1. That’s an easy one...no business with that company, ever. It will come out.

    ReplyDelete
  2. If that company is still in business Monday, Texas is all hat and no cattle.

    ReplyDelete
  3. Looking at this some more, and even our idiots like Gohmert won’t defend this. You have explicit manipulation of employment to thwart Congressional action. The IRS will be drooling too. The company will back down by tomorrow...but it likely will kill sales for a while.

    ReplyDelete
  4. So, we have a second employee of either that company, or another, in Austin reporting the same thing. This one is further identified as an employee of an Austin-based national restaurant chain. A cursory review of the “agreement” outlined in the email note shows a violation of the Federal Minimum Wage laws, and the company is already amending the agreement. Even Faux News managed to sound outraged.

    ReplyDelete
  5. Imagenet Consulting is reportedly the first company. Oklahoma City based, this story came from it’s Austin branch. Reportedly the company has already laid off 1/4 of its employees, and only cleared a little over $100 million last year.

    ReplyDelete

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