Wal-Mart, the biggest employer in the U.S., announced today it will cut health care for 30,000 part-time workers. Here’s a look at the top-20 biggest employers in the U.S. by total number of employees at each company:


Bank of America
2,200,000
Wal-Mart
1,400,000
Wal-Mart (U.S. employees)
491,017
United States Postal Service
440,000

McDonald's
431,212
International Business Machines 
375,000
Kroger
366,000
Target
365,000
Home Depot
317,500
Hewlett-Packard
307,230
Yum! Brands
307,000
General Electric
304,105
United Parcel Service
302,000
Berkshire Hathaway
274,000
Pepsico
264,900
Wells Fargo 
256,500
FedEx
251,196
JPMorgan Chase
251,000
Citigroup
249,000
Sears
243,360
AT&T
242,000
Bank of America
Wal-Mart is far and away the biggest employer with 2.2 million employees globally and some 1.4 million employees in the U.S., way above most other companies’ global work forces.
From an article in the Journal today:
The move will affect about 30,000 Wal-Mart employees who work fewer than 30 hours a week. The loss of coverage will be a large cut in compensation for the workers, who were previously getting more than 75% of their premiums paid by Wal-Mart and will now be responsible for the costs unless they qualify for government or other subsidies.
American companies typically enact changes to the health insurance they offer their employees at this time of year, as they try to keep a lid on costs in the face of stagnant revenue growth.
Wal-Mart is also planning to raise the premiums its workers pay for their coverage.
“We can’t take our eyes off costs,” said Sally Welborn, senior vice president of global benefits at Wal-Mart. Ms. Welborn declined to say what cost savings Wal-Mart anticipates from the plan changes. Among part-timers, only those working 30 to 34 hours a week will qualify for the company’s health coverage.
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