Thursday, April 18, 2013
Nation’s
Largest Theater Chain Cuts Workweek for Employees, Blaming Obamacare
Not
in my movie.
Saying
to express displeasure with an event or happening
The Obamacare provision that businesses with 50 or
more fulltime employees must offer health coverage has claimed another set of
victims, employees of the Regal Entertainment Group, which operates more than
500 theaters in 38 states. The theater
chain has cut shifts of employees to 30 hours to put the chain below the threshold
where the Group is required to provide
health coverage. Regal, which had
revenues of $2;8 billion in 2011, joins Applebee’s, Oliver Gardens, and other
fast food chains and a handful of colleges in cutting employee hours. Ed Haisimaier, senior fellow at the Heritage
Foundation, commented, “ If you want to have reduced work, lower wages, and
economic stagnation, this is a great way to do it.”
Tweet: Regal
Cinemas, with 500 theaters has cut employees to 30 hour week, to avoid Obamacare
provision for covering 50 full-time
employees.
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