Sunday, November 11, 2012

Applebee’s Rebels Against Obamacare; Threatens To Fire Employees, Freeze Hiring

Applebee's outs itself as a miserly employer who does not offer healthcare: 
Zane Tankel, the CEO of Applebee’s New York Franchise, Apple-Metro, is so dedicated to not spending money on his employees that he’s refusing to hire anyone new. Why? Because he might have to provide them health care.
Under the Affordable Care Act, a business of 50 people or more must provide a health care option for its employees by 2014. The 40 Applebee’s restaurants in New York employ hundreds of people, and Tankel believes providing them with health insurance plans will be too costly. In an appearance on Fox Business News, the CEO said he won’t be able to hire new people because of the law, and even floated the idea of layoffs