My plan:
Step one, issue a memo to employees calling for a mandatory staff meeting the next day during office hours regarding changes in schedule.
Step two, explain the current situation regarding health care laws and regulations. Address the budget problem and the fact that the company wants nothing less than what is best for it's employees. Explain that the employees will have be given new schedules reducing their hours in an effort to maintain all jobs of the employees rather than to lay off 25% of them. Reiterate the company's best interest for equality, fairness, morals, and ethics