ObamaCare Fallout: More Movie Theaters to Cut Workers' Hours
Hollywood loves sequels, reboots and remakes, but the Obama administration likely won't like the repeats coming out of the film industry these days.
Earlier this week, we learned Regal Entertainment Group, the country's largest theater chain, will be cutting back employee hours to deal with new legislative demands from the Affordable Care Act, known to voters swindled by its false promises as ObamaCare.
Now, more theater chains are planning to follow suit, according to Deadline.com.
Theaters are most concerned about a provision that requires companies to provide coverage for those working at least 30 hours a week, not just full-time employees who work at least 40 hours. So, guess what? Theaters are beginning to reduce part timers’ to less than 30 hours a week. “All of [the major theater companies] are making adjustments in the workforce,” Stephen Gooding, President of Reynolds & Reynolds — an insurance firm that specializes in exhibition concerns — tells me.