John Nolte @ Breitbart:
Monday, Regal Entertainment Group, the largest movie theatre chain in the country, announced that thousands of employees will have their work hours cut— as a direct result of the added cost of the new ObamaCare mandates that become effective later this year.
In a memo to employees, management was blunt: “To comply with the Affordable Care Act, Regal had to increase our health care budget to cover those newly deemed eligible based on the law’s definition of a full-time employee.”
Fox News reports that, as a result of cutting employees’ work hours (which is, of course, the same as a pay cut), full-time Regal managers have resigned in “a wave” after their hours and pay checks were slashed by as much as twenty-five percent.
The manager told FoxNews.com ObamaCare has had the unintended consequence of taking food off his table.
“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.
“In a time where 40 hours is just getting us by, putting these kind of financial pressures on employers is a big step in a direction far beyond the reach of feasibility for not only the businesses, but for the employees who rely on their success,” he said.
In order to avoid the added cost of providing  health insurance for employees working 30 hours a week (as ObamaCare mandates), it only makes sense for companies to schedule employees for 29 hours. So anyone who was working full-time is now being hit with a 25% pay cut.
I sympathize, but this cannot be a surprise to those that are affected. I guess some one should have read the bill, right Nance??
@Old Guy: They should have read the bill before they voted, too!
“Mandating businesses to offer health care under threat of debilitating fines does not fix a problem, it creates one,” a Regal manager said.
Too true.
This is not so much an unintended consequence as it is a feature of ObamaCare.
To claim to have not seen this coming is unimaginable.
My dream of dreams is that everybody in the US is subject to Obamacare, BHO, Congress, Supremes, the Unions etc. and nobody gets an exemption. We should all have to live under this joke. It is a US law, correct? Then how exiting it would be. Would all the Dems be so high and mighty then?
Elections have consequences…Some good, some not so good…We are all going to enjoy the heck out of the tidal wave that’s coming with the Unaffordable Care Act…Really we are..
Obamacare delenda est.
My hope is that enough of the previous obama voters will be affected like this so that people will wake up and stop voting for socialists.
My old LB next-door neighbor is a manager of a Regal theater.
We email.
He said he had to cut back his people.
He also said there is an informal structure already springing up to coordinate two part-time jobs for good workers.
One food establishment dovetails its hours with another’s.
One theater chain dovetails its hours with another’s like Cinemark.
Interesting solution.
This is an under-the-table but well organized thing.
Bad workers are omitted from the lists!