PDA

View Full Version : 10 more companies lay off employees, cut hours, or cancel new locations post election



wazi99
11-11-2012, 10:05 PM
10 more companies lay off employees, cut hours, or cancel new locations post election due to Obama Care.


Olive Garden
Red Lobster
LongHorn Steakhouse
Bahama Breeze
Seasons 52
The Capital Grille
Eddie V's
Yard House
Papa Johns
Applebees




We've all heard the old adage, “All publicity is good publicity.” However, recent events have taken bad public relations to a whole other level. Applebee's and Papa John’s restaurants threatened to freeze and reduce worker's hours in response to the Affordable Care Act (Obamacare (http://www.examiner.com/topic/obamacare)). These are not the only two restaurants coming out publicly, Darden Restaurants (http://www.examiner.com/topic/darden-restaurants) is now joining the mix.

It is unclear if these two high-powered CEOs and major restaurant chains have made their statements public to either express a financial fear or tarnish the reputation of Obamacare. However, at this point the law is the law. The election is over, and if there is a political motive, this is not going to change anything but create hardships on their employees. John Arensmeyer, CEO and founder of Small Business Majority, a national small business advocacy organization stated most small businesses with 50 or more full-time employees offer health insurance already.

Read more here: http://www.examiner.com/article/applebee-s-papa-john-s-darden-restaurants-threathen-employees-over-obamacare

These join 40 other companies and counting that have made it publicly known they are laying off employees since Obama's reelection. http://www.theblaze.com/stories/how-many-businesses-have-announced-closings-or-lay-offs-since-obama-won-a-second-term/

GrassrootsConservative
11-11-2012, 10:10 PM
Wal Mart too. Wal Mart was going to put up a building down the street from me here and they cancelled.

roadmaster
11-11-2012, 10:29 PM
They need to realize when people are not making decent hours they won't be spending money and the economy is going to get worse not better. This Christmas is going to be hard on a lot of families. The few Pharmaceutical plants here are already talking about layoffs. I expect it to be announced any day now.

BooHoo
11-11-2012, 11:24 PM
Reality is setting in. People were warned!!

Captain Obvious
11-11-2012, 11:38 PM
Odd that they're mostly or all restaurants. I wonder if anyone knows what that means.

I do note that they are all somewhat medium sized companies, not big ones by any stretch.

That means something also.

Peter1469
11-12-2012, 03:26 AM
Reality is setting in. People were warned!!

Good luck with your business.

Peter1469
11-12-2012, 03:27 AM
Odd that they're mostly or all restaurants. I wonder if anyone knows what that means.

I do note that they are all somewhat medium sized companies, not big ones by any stretch.

That means something also.

It is very easy for restaurants to do part time employment.

BooHoo
11-12-2012, 03:47 AM
Good luck with your business.

Thanks! Looks like I'll need it lol My best bet is to probably try to strengthen my online business and get rid of my store overhead at this point. Still gonna fight first :)

patrickt
11-12-2012, 07:16 AM
They need to realize when people are not making decent hours they won't be spending money and the economy is going to get worse not better. This Christmas is going to be hard on a lot of families. The few Pharmaceutical plants here are already talking about layoffs. I expect it to be announced any day now.

Who is "they"? Are they the businesses or the nitwits in Washington.