The Obamacare Layoff Bomb: 'I think it's a terrible thing. It's ridiculous that the maximum hours we can give people is 28 hours a week instead of 40'

◼ Denny's to charge 5% 'Obamacare surcharge' and cut employee hours to deal with cost of legislation - Daily Mail

The fast-food business owner is set to hold meetings at his restaurants in December where he will tell employees, 'that because of Obamacare, we are going to be cutting front-of-the-house employees to under 30 hours, effective immediately.'

Claiming that he is not anti-insurance Metz has said that he understands the problems this will cause for his employees.

'I think it's a terrible thing. It's ridiculous that the maximum hours we can give people is 28 hours a week instead of 40,' said Metz to the Huffington Post.

'It's going to force my employees to go out and get a second job.'

Obamacare requires businesses or franchises with more than 50 workers must offer an approved insurance plan or pay a penalty of $2,000 for each full-time worker over 30 workers.

The program mandates that only employees working more than 30 hours a week are covered under their employers health insurance plan, chains like Olive Garden and Red Lobster are already considering reduced worker hours.

'Obviously, I'd love to cover all our employees under that insurance,' said Metz.
'But to pay $5,000 per employee would cost us $175,000 per restaurant and unfortunately, most of our restaurants don't make $175,000 a year. I can't afford it.'

◼ TEXAS INSTRUMENTS Cuts 5% of Workforce... - cnbc

◼ List of Layoffs

To see even more companies that announced layoffs since the election, ◼ visit the Daily Job Cuts page. - hrwf

◼ Death spiral: Hours cut, workers pushed to part-time due to Obamacare; ‘They keep cutting my hours’ - Twitchy

◼ Five More Obamacare Taxes Starting January 1, 2013 - hrwf

It's serious.