Zane Tankel, CEO of Apple-Metro, which owns Applebee’s restaurants in the New York area, told Fox Business News, today, that he will freeze hiring, stop building new restaurants and may fire employees in order to dodge the requirements of Obamacare (video below).
Obamacare requires a business, with 50 or more employees, to provide a health care plan by 2014, reports ThinkProgress.org.
Tankel said: "We’ve calculated it will be 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, exactly the opposite of what the President says."
"... I’m sure all our people are watching this right now, so I don’t want to make any commitments one way or another. I just want to say we’re looking at it, we’re evaluating it, if it’s possible to do without cutting people back, I’m 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."