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Author: sykesix Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 58787  
Subject: Tea-bagging CEO Suddenly Sorry for Teabaggin Date: 12/4/2012 6:36 PM
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Recently, several high profile restaurant chains have made employee abuse a badge of honor when it comes to health care. Turns out, being a jerk to your employees is bad for the bottom line. Who knew?

Darden Restaurants, the company that owns Olive Garden and Red Lobster, revised earning projection downwards today. The culprit, at least in part: Negative media attention that the company received after promising to test limiting workers’ hours as a way to dodge Obamacare’s insurance mandate.

“In light of these upcoming changes, we are being cautious about our sales and earnings forecast for the full year,” Darden CEO Clarence Otis said in a statement. ”Our outlook for the year also reflects the potential impact, though difficult to measure, of recent negative media coverage that focused on Darden within the full-service segment and how we might accommodate healthcare reform.”



http://www.washingtonpost.com/blogs/wonkblog/wp/2012/12/04/h...
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