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

[dd614]

Obama's secretary of business would order them not to lay people off. That sounds like what mmochampion's democrats would like to see.

[Kasierith]

Obama's secretary of business would order them not to lay people off. That sounds like what mmochampion's democrats would like to see.

Going to say something productive or are you going to keep us waiting?

You can actually make them pretty tasty if you add some of your own fresh ingredients to them.

Plenty of Parmesan, oregano, tiny can of mushrooms, bits of cut up ham.. you can make a 4 dollar frozen pizza absolutely amazing with just about a dollar worth of extra stuff thrown in.

[Masark]

Obama's secretary of business would order them not to lay people off. That sounds like what mmochampion's democrats would like to see.

This mmohampion New Democrat would like papa johns (and the other companies that just happen to be having layoffs right after the election) to actually demonstrate that their layoffs are actually necessary to their businesses as they claim and not political games or retaliation against employees who they believe didn't vote as they demanded.

But I rather suspect that would end up having the effect you describe.

[Northy]

Watch the video located here please: http://video.pbs.org/video/2300849486
It is of vital importance.

[Adam Jensen]

This mmohampion New Democrat would like papa johns (and the other companies that just happen to be having layoffs right after the election) to actually demonstrate that their layoffs are actually necessary to their businesses as they claim and not political games or retaliation against employees who they believe didn't vote as they demanded.

But I rather suspect that would end up having the effect you describe.

That's actually a good idea if it could be implemented properly. Workers should not be punished because of their political stance, or because of a situation beyond their control. After all, how is it fair to a worker getting laid off because the CEO is butthurt that the "wrong guy" was elected president?

[Diurdi]

As a non-1% member of their target demographic, however, I disagree. In that regard, I can absolutely say I know more than them. $.15 would affect my or anyone's choice whether to buy a Papa Johns pizza.

I'm not sure you made a typo or not, but I can guarantee with 100% certainty that $.15 raise in prices will decrease demand by some x% compared to if they kept prices unchanged.

Papa John's is also a public company, there's no way they could've grown to where they are if their management was that incompetent. They're not governing by gut feeling.

[Adam Jensen]

I'm not sure you made a typo or not, but I can guarantee with 100% certainty that $.15 raise in prices will decrease demand by some x% compared to if they kept prices unchanged.

Doubtful. Would anyone even notice it? I don't keep track of the cost of pizza. I don't even know how much it costs at the joints in town, not down to the cent. I most certainly wouldn't notice a hike in pay by a mere 15 cents.

[Diurdi]

Doubtful. Would anyone even notice it? I don't keep track of the cost of pizza. I don't even know how much it costs at the joints in town, not down to the cent. I most certainly wouldn't notice a hike in pay by a mere 15 cents.

Maybe you won't, but a small % of the customers will. We're talking 0.5%-1.5%. You can't approach this from your own personal perspective and ask yourself "would I notice?". The lower demand is just a fact, that's how marketing works.

[Laize]

I'm not sure you made a typo or not, but I can guarantee with 100% certainty that $.15 raise in prices will decrease demand by some x% compared to if they kept prices unchanged.

Papa John's is also a public company, there's no way they could've grown to where they are if their management was that incompetent. They're not governing by gut feeling.

I can't guarantee 100% of their customers won't care because I'm not 100% of their customers.

I can tell you that the type of person who would notice a 1% increase is the type of person who won't let $.15 enter into their decision making. Someone financially savvy enough to care about a 1% price hike is generally wealthy enough to not care about $.15. Someone who WOULD care about $.15 is, ironically, not going to notice when the price of a pizza rises by that much.

And I didn't say their management was incompetent. I said they may be uneducated. There's a big difference. Just because someone can build a pizza empire doesn't mean they know economics.

[Adam Jensen]

Maybe you won't, but a small % of the customers will. We're talking 0.5%-1.5%. You can't approach this from your own personal perspective and ask yourself "would I notice?". The lower demand is just a fact, that's how marketing works.

Still seems to me like it'd be insignificant.

[Riidii]

Still seems to me like it'd be insignificant.

It is for the most part.

But why would you want to head in the wrong direction?

Not what the economy needs right now.

[Diurdi]

I can't guarantee 100% of their customers won't care because I'm not 100% of their customers.

I can tell you that the type of person who would notice a 1% increase is the type of person who won't let $.15 enter into their decision making. Someone financially savvy enough to care about a 1% price hike is generally wealthy enough to not care about $.15. Someone who WOULD care about $.15 is, ironically, not going to notice when the price of a pizza rises by that much.

You have to understand that the prices change for other reasons as well over time (inflation etc). And if they could just keep raising prices (above inflation pace) by $0.15 without a drop in demand, they should be doing so all the time.

But companies can't make these changes without consequences.

Still seems to me like it'd be insignificant.

If the % drop in demand is higher than the % chance in prices, the company will lose money. Which means, they shouldn't have raised the prices.

And I didn't say their management was incompetent. I said they may be uneducated. There's a big difference. Just because someone can build a pizza empire doesn't mean they know economics.

They pretty much have to have educated folks on the team to do it. Billion dollar market cap companies use derivatives and other financial instruments in their day to day operations, you must understand basic economics to be able to use them. Even if the CEO doesn't, folks he has hired will.

[Cheatz]

I'm going to fully support Papa Johns an other companies who cut back because of Obamacare. Just like Chick Fil A the supposed people who are going to strike against these companies either won't or will only do it for a short time before they go right back to buying from them. I don't think people realize how many companies are doing the same thing Papa Johns is. I also don't thing people realize how many hidden taxes are coming related to Obamacare for the average person either. Last I checked there were at least 7 hidden taxes for the average american. People really need to do their research and not rely on liberal media to tell them what they should think and feel.

[obdigore]

I'm going to fully support Papa Johns an other companies who cut back because of Obamacare. Just like Chick Fil A the supposed people who are going to strike against these companies either won't or will only do it for a short time before they go right back to buying from them. I don't think people realize how many companies are doing the same thing Papa Johns is. I also don't thing people realize how many hidden taxes are coming related to Obamacare for the average person either. Last I checked there were at least 7 hidden taxes for the average american. People really need to do their research and not rely on liberal media to tell them what they should think and feel.

The rhetoric is strong in this one, but there are no facts to back the rhetoric up. Why is that?

[mvallas]

Way to use human beings as a means to defend your extra tax-dollars there Pizza-guy!

That's the problem with America today... they're more concerned about their own individual profits instead of basic human lives.

[Grizzly Willy]

Yeah, if anybody making claims would like to show some actual proof, that would be great.

[Riidii]

Way to use human beings as a means to defend your extra tax-dollars there Pizza-guy!

That's the problem with America today... they're more concerned about their own individual profits instead of basic human lives.

Because the role of business is to take care of humans?

[Laize]

Semi-related aside.

There's a proposed Constitutional Amendment to overturn Citizens' United sponsored by Senator Al Franken.

Might wanna sign this petition if you care.

http://www.alfranken.com/index.php/s...f/CKFCUNASLMO1

---------- Post added 2012-11-15 at 06:11 AM ----------

Way to use human beings as a means to defend your extra tax-dollars there Pizza-guy!

That's the problem with America today... they're more concerned about their own individual profits instead of basic human lives.

That's the entire basis of a free market economy. Through everyone acting in their own self-interest, we almost always wind up with the best outcome for all.

[Grizzly Willy]

Semi-related aside.

There's a proposed amendment to overturn Citizens' United sponsored by Senator Al Franken.

Might wanna sign this petition if you care.

http://www.alfranken.com/index.php/s...f/CKFCUNASLMO1

Think that was the quickest I've ever signed a petition.

[stumpy]

Because the role of business is to take care of humans?

When the conservative refrain is "get a job, you bum!" while constantly touting big business as "job creators," it's not unreasonable to expect that people actually be able to live on said jobs.