Obamacare.net
Speak with an Agent1-800-920-4994

A HealthNetwork Partner

Applebees enacts Layoffs Due To Obamacare

A Picture of Charlotte Gilbert Charlotte Gilbert
11/13/2012

Following in the footsteps of Papa John’s CEO John Shattner, Zane Tankel who is the CEO of Applebees Restaurant franchise announced on Sunday that he will be laying off workers and stop hiring new employees as President Barack Obama’s Affordable Care Act – Obamacare – is implemented.

As Zane Tankel, the CEO of Apple-Metro which owns 40 of the Applebees’ eateries in the New York area, spoke to Fox News television, he said:

We’ve calculated it will <cost> some millions of dollars across our system. So what does that say – that says we won’t build more restaurants. We won’t hire more people. If you have 40 or 50 employees at a restaurant, and the penalty is $2,000, and you’re going to pay $80,000 or $100,000 penalty, there goes the profit in your restaurant. I want to simply say we are looking at it, we are evaluating. If it’s possible to do without cutting people back, I am delighted to do it, but that also rolls back expansion, it rolls back hiring more people, and in a best-case scenario, we only shrink the labor force minimally. Best case.

Any employer who has 50 or more employees must provide federal government-approved health care for its employees under President Obama’s Obamacare or pay a $2,000 fine. Currently, Applebees employs 80 to 300 persons per restaurant.

Despite Tankel’s openness and honesty regarding the future of his company in an Obamacare world, he is being criticized for speaking the truth regarding the financial impact of President Barack Obama’s reelection and even threatened with a boycott via social media for speaking out.

By: Scott Paulson

The primary source of this article is Fox News.

5 Comments

  1. DeLois Neely November 16, 2012

    Applebees, papa john. Every person in the usa should have insurance. Thank you Obama. !!!!!!

  2. Donnie November 17, 2012

    I agree everybody should have insurance, but they should pay for it not the working class.

  3. Doug Nykel November 22, 2012

    Does this mean, he provided NO insurance coverage for his employees, not even a employee pay plan ????. Maybe that’s why it will cost him so much money. Raise the price a couple of bucks, but don’t be an ass and lay people off.

  4. Josh January 16, 2013

    This sucks I vote for Obama and he lays me off wtf

  5. Anonymous January 25, 2013

    serves you right You got what you asked for.Unfortunately,the rest of us got it too.IDIOT you!!

Health Network Group
301 Clematis Street
Suite 3000
West Palm Beach, FL 33401
This website is privately owned and all information and advertisements are independent and are not associated with any state exchange or the federal marketplace. Additionally, this website is not associated with, sanctioned by or managed by the federal government, the Centers for Medicare & Medicaid or the Department of Health and Human Services.