Applebee’s Exec Threatenens To Freeze Hiring And Fire Employees Because Of Obamacare

Submitted by vegasman

Zane Tankel, CEO of Applebee’s New York franchise, won’t hire anyone new for fear he’d have to provide 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.

By: vegasman