One of the few positive things about the Coronavirus pandemic is that it shows us just how greedy, heartless and merciless some corporations can truly be.
For example, we have learned via the Ogle Mole Network that ImageNet Consulting – an “Information Technology Solutions” firm that sells high-dollar copiers, scanners, and IT services to companies all across the country – wanted their remaining employees to forfeit a portion of their April paycheck that is equal to the amount they will receive from their government-issued Coronavirus stimulus payment.
Basically, ImageNet Consulting came up with a plan to pocket their employees’ stimulus checks!
The move came after the company had already conducted mass layoffs as a result of the pandemic. It was first kind of reported by KXAN out of Austin, which is home to an ImageNet Consulting branch.
For some reason, KXAN didn’t identify the company by name:
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 form says they are preemptively deducting funds from our paychecks. That number is based on what they’re anticipating the government relief fund to be,” a worker for the company told KXAN. The worker asked not to be identified in this investigation so as not to impact his company’s ability to continue doing business…
In all fairness to ImageNet, they could use the extra money. According to this blog post by company CEO Pat Russell, the privately held company – which is worth at least nine-figures – only has annual revenues that exceed $100-million, and margins that run about 40%, so they also obviously need their employees stimulus checks to remain so profitable!
In fact, they need their employees kids stimulus payments, too!
I don’t know about you, but that’s pretty &#$%^@ in a shitty, corporate- #$@*& type of way! I’m sure the people at Hobby Lobby are kicking themselves for not thinking of it first!
Steve Green President of Hobby Lobby and his wife are reportedly envious he did not think of this first reports a source in Oklahoma.
You can view the entire agreement that KXAN acquired here. You may notice the company name and all that fun stuff is blacked out. Here’s an unredacted top-half of the letter that one Mole provided us. We had to cut the bullet points at the bottom, as they could identify the whistle-blower who leaked the document:
Texas is a right to work state. What they’re doing is cutting the wages of the employee. They’re not literally pocketing the checks, but cash if fungible so it is in effect doing that.