CEO's blame layoffs and reduced hours on Obama re-election

[Hextor]

Stop buying their pizza if they're being idiots.

[Majad]

Pizza Hut turned to shit in the late 90s.

I don't know how on earth this happened, but as far as big-chain pizza goes, Dominos is king.

I'm not going to say their pizza is an award-winner... but it's far and away the best big-chain pizza you can get.

I haven't ate pizze from Pizza Hut for some time now, but it has always been a good pizza in our country.

[Seezer]

Just sounds like they're being spiteful and childish, and these are the people that some folks want to just have regulate themselves?

Politics turns people into moronic children. People don't look at the other candidate. They look at the people on "that side" and want so bad to rub in their faces that they've lost that they cannot handle when they lose themselves. The lunatics are coming out of the woodwork. And for this CEO, he's only hurting himself. Luckily for him he's made his fortunes.

[orderschvank]

meh, the more big companies act this way the more it will just lead to this countries downfall or revolution

[Slammin Shaman]

No because obama care would go out the window. WHy are liberals so blind. If you force a company to pay health care for all its employees that money doesn't come out of thin air. They are going to cut their labor force to make up the difference. It will happen in every company. Papa johns is just the first. Which means of course that unemployment will continue to rise until four years from now its over 40%. And the democrats and liberals will still blame bush regardless that obamas been in control for 8 years. First 4 years unemployment rose from 9% to 20% because of obamas policies. It will continue under him guaranteed because his policies dont work

He's been in control for 4 years, not 8. Counting is hard. Also in 2011 they had $1.22 billion in revenue, an increase of $.08 billion from 2010. Their profits were $86.3 and $82.3 million, respectively. In order to cover his employee's health benefits he would have to increase price of pizza by 14 cents.

http://www.huffingtonpost.com/2012/0...n_1752126.html

[Mormolyce]

You guys are all completely missing the point... that guy HAS A DRAWBRIDGE!!!!

[Gsara]

No because obama care would go out the window. WHy are liberals so blind. If you force a company to pay health care for all its employees that money doesn't come out of thin air. They are going to cut their labor force to make up the difference. It will happen in every company. Papa johns is just the first. Which means of course that unemployment will continue to rise until four years from now its over 40%. And the democrats and liberals will still blame bush regardless that obamas been in control for 8 years. First 4 years unemployment rose from 9% to 20% because of obamas policies. It will continue under him guaranteed because his policies dont work

Obamacare would only be changed to Romneycare. Romney and the GoP actually supported the bill for the longest time, until the GoP decided to lock out bipartisanship, he even passed a bill in Mass thats basicallly just like Obamacare.

[Laize]

No because obama care would go out the window. WHy are liberals so blind. If you force a company to pay health care for all its employees that money doesn't come out of thin air. They are going to cut their labor force to make up the difference. It will happen in every company. Papa johns is just the first. Which means of course that unemployment will continue to rise until four years from now its over 40%. And the democrats and liberals will still blame bush regardless that obamas been in control for 8 years. First 4 years unemployment rose from 9% to 20% because of obamas policies. It will continue under him guaranteed because his policies dont work

Do you have a source corroborating 20% unemployment?

Of course costs are going up due to Obamacare. Did you really think, though, that a Poppa John's employee could afford health insurance without an employer subsidy?

If it has to be this way (And I still think there are better ways to have handled the health care situation) then it's better 10% of their employees get laid off while the remaining 90% get health care than everyone keeping their job and no one getting it.

---------- Post added 2012-11-14 at 02:03 AM ----------

Obamacare would only be changed to Romneycare. Romney and the GoP actually supported the bill for the longest time, until the GoP decided to lock out bipartisanship, he even passed a bill in Mass thats basicallly just like Obamacare.

Actually Romney fought the Massachussetts bill and vetoed 8 line items from the bill from the Mass. state legislature. All 8 of his vetos were overturned.

Calling Massachussetts health care "Romney care" is like if Obama refused to extend the Bush tax cuts with Congress overriding his veto. Then the press would call them "The Obama-era tax cuts".

[Wells]

If it has to be this way (And I still think there are better ways to have handled the health care situation) then it's better 10% of their employees get laid off while the remaining 90% get health care than everyone keeping their job and no one getting it.

Or that the cost of a rather unhealthy food go up a couple of cents.

[Hiricine]

OBamacare only applies to full time employees. Cutting back hours prevents you from having to offer a government mandated health plan that costs you more money. We need to make an environment where hiring people is a benefit and not a liability.

[Laize]

OBamacare only applies to full time employees. Cutting back hours prevents you from having to offer a government mandated health plan that costs you more money. We need to make an environment where hiring people is a benefit and not a liability.

The only time that would ever be the case is:

A) If the demand for your business went up

or

B) The government began paying you to hire people

If there's one thing I can't fucking stand as a Republican it's when people say that giving someone money will make them hire someone else. It makes me embarrassed to vote for the GOP and when my supposed candidates say it it makes me fucking vote for a third party.

---------- Post added 2012-11-14 at 02:32 AM ----------

I will say this, however, in Papa John's defense.

They don't make that much money.

I'm serious, too. People say "They made $1.22 billion in revenue last year!" or "The CEO has a drawbridge!"

Let's look at it in context.

That $1.22 billion in revenue is just that. Revenue. Their actual profit is about $52 million or about 4.5 cents on the dollar. Profit (for anyone who doesn't have a legitimate understanding of what profit really is) is only what's left over after you've paid all your bills (Employee salaries, cost of buying materials and paying rents, marketing etc). With 16,000 employees that means Papa John's earns about $3,250 per employee.

I'm not sure what an employer pays per person on a group plan, but you can be damn sure it's more than $3,000.

So Papa John's does have 2, very legitimate, choices. They can either try and cut costs and still bring in the same revenue given the increased expenses (Keeping their profit the same) or they can increase costs and not lay anyone off (Also keeping revenue the same).

The fact of the matter is that increased costs ARE going to have to come from somewhere because the company's margins can't go much lower without failing to turn a profit.

[Deadvolcanoes]

But the solution is so easy. Papa Johns said it themselves. 14 cents per pizza. That's nothing.

Why is this ass hat running around making a big stinking shit storm out of nothing. Raise the cost of each pizza by 14 cents, no one even notices, employees get health insurance, profit.

14 cents for the opportunity to have healthier, happier workers making my cardboard pizza. Shit I'd be fine with an extra dollar.

[Riidii]

But the solution is so easy. Papa Johns said it themselves. 14 cents per pizza. That's nothing.

Why is this ass hat running around making a big stinking shit storm out of nothing. Raise the cost of each pizza by 14 cents, no one even notices, employees get health insurance, profit.

14 cents for the opportunity to have healthier, happier workers making my cardboard pizza. Shit I'd be fine with an extra dollar.

Raising prices because of necessity and not because of increased demand is generally not a good thing.

It makes a business less competitive in the marketplace.

[Laize]

But the solution is so easy. Papa Johns said it themselves. 14 cents per pizza. That's nothing.

Why is this ass hat running around making a big stinking shit storm out of nothing. Raise the cost of each pizza by 14 cents, no one even notices, employees get health insurance, profit.

14 cents for the opportunity to have healthier, happier workers making my cardboard pizza. Shit I'd be fine with an extra dollar.

I'm not defending his bitching about it. I'm simply saying he's absolutely right about having to deal with the increased costs in some way. Papa John's isn't an Apple, Inc. that rocks damn near 30% profit margins.

Look at Dominos. Are they bitching? They don't seem to be, and their pizza is better than PJ's anyway. Buy from them.

No seriously, their pizza is fucking good if you consider the fact that it's just chain pizza.

[Osyrus]

I just got laid off.
Last day of work was supposed to by Friday but since my boss is a 'lovely woman' she is asking me to come in monday to finish my paperwork.
She told me they dont have enough money to 'pay' me...guess she forgot im an associate accountant along with my main job- i can see how much money we have

sucks but at least i get to go spend christmas with my guy, who was awesome and bought me a ticket


(why you no work?!?! school full time and was working at a corporate job full time- moving back in with mum before i move to new state- so i take small break for end of year, then start 2013 fresh and positive)

[Spectral]

Look at Dominos. Are they bitching? They don't seem to be, and their pizza is better than PJ's anyway. Buy from them.

Oh, I did. Two medium two topping pizzas for $12 is like 4 days worth of food (assuming you're having some salads and fruit and stuff too). Dominos prices are just crazy good.

No seriously, their pizza is fucking good if you consider the fact that it's just chain pizza.

Legit. They're consistent, fast, and pretty good. You can do better local, but you can't beat their value. The aforementioned two topping with white sauce, steak, and onion or mushroom is just about unbeatable for its price.

[dantian]

but you can't beat their value.

My local Little Caesar's has a Tuesday special where you can get up to five large pizzas for $4.50 each. Value beaten!

[Spectral]

My local Little Caesar's has a Tuesday special where you can get up to five large pizzas for $4.50 each. Value beaten!

Nope! Much crummier pizza, in my opinion. I'll pay $12 for two Dominos pizzas instead for sure. I have no use for five pizzas anyway!

Gotta agree with LC's being great value to though. I just like Dominos a fair bit better. I'm not about to rage if I'm drinking and someone says they're grabbing LC's though.

[Bergtau]

Nope! Much crummier pizza, in my opinion. I'll pay $12 for two Dominos pizzas instead for sure. I have no use for five pizzas anyway!

Gotta agree with LC's being great value to though. I just like Dominos a fair bit better. I'm not about to rage if I'm drinking and someone says they're grabbing LC's though.

It's more like $18 after you count the tip and delivery fee.

My local Little Caesar's has a Tuesday special where you can get up to five large pizzas for $4.50 each. Value beaten!

You go ahead and buy 5 pizzas for $22.50. I'll buy 2 pizzas for $18 ($13 if driving, which is what I would have to do with Little Caesar's anyway), be completely satisfied and not have 3 extra pizzas that will go bad.

[Laize]

It's more like $18 after you count the tip and delivery fee.



You go ahead and buy 5 pizzas for $22.50. I'll buy 2 pizzas for $18 ($16 if driving, which is what I would have to do with Little Caesar's anyway), be completely satisfied and not have 4 extra pizzas that will go bad.

Who the hell pays a delivery fee? Dominos are practically Starbucks with how many of them are in driving distance of any given area.