Marcus Aurelius
04-16-2013, 08:38 AM
http://www.foxnews.com/us/2013/04/15/nation-biggest-movie-theater-chain-cuts-workweek-blaming-obamacare/?test=latestnews
The nation's largest movie theater chain has cut the hours of thousands of employees, saying in a company memo that ObamaCare requirements are to blame.
Regal Entertainment Group, which operates more than 500 theaters in 38 states, last month rolled back shifts for non-salaried workers to 30 hours per week, putting them under the threshold at which employers are required to provide health insurance. The Nashville-based company said in a letter to managers that the move was a direct result of ObamaCare.
"If you want to have reduced work, lower wages and economic stagnation, this is a great way to do it, said Ed Haislmaier, senior research fellow at the Heritage Foundation.
“Mandating businesses to offer health care under threat of debilitating fines does not fix a problem, it creates one," he said. "It fosters a new business culture where 30 hours is now considered the maximum in order to avoid paying the high costs associated with this law.
Not to worry. They may not be able to afford food, clothing or shelter anymore, but at least they can get tax payer subsidies healthcare form the exchanges! :rolleyes:
The nation's largest movie theater chain has cut the hours of thousands of employees, saying in a company memo that ObamaCare requirements are to blame.
Regal Entertainment Group, which operates more than 500 theaters in 38 states, last month rolled back shifts for non-salaried workers to 30 hours per week, putting them under the threshold at which employers are required to provide health insurance. The Nashville-based company said in a letter to managers that the move was a direct result of ObamaCare.
"If you want to have reduced work, lower wages and economic stagnation, this is a great way to do it, said Ed Haislmaier, senior research fellow at the Heritage Foundation.
“Mandating businesses to offer health care under threat of debilitating fines does not fix a problem, it creates one," he said. "It fosters a new business culture where 30 hours is now considered the maximum in order to avoid paying the high costs associated with this law.
Not to worry. They may not be able to afford food, clothing or shelter anymore, but at least they can get tax payer subsidies healthcare form the exchanges! :rolleyes: