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CEO to Workers:
You'll Likely Be Fired

CNBC.com, by Robert Frank

Original Article

Posted By:Axeman, 10/10/2012 10:23:15 AM

David Siegel, the owner of Westgate Resorts, sent a surprising email to his employees Monday. It said that if President Barack Obama wins re-election and raises Siegel's taxes, he will have to lay off workers and downsize his company — or even shut it down. "If any new taxes are levied on me, or my company, as our current President plans, I will have no choice but to reduce the size of this company," he wrote. "Rather than grow this company I will be forced to cut back. This means fewer jobs, less benefits and certainly less opportunity for everyone."

Comments:
Misleading headline. I make a distinction between fired and laid off.

      


Post Reply  

Reply 1 - Posted by: Axeman, 10/10/2012 10:24:18 AM     (No. 8922747)

Who is John Galt?

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Reply 2 - Posted by: whyyeseyec, 10/10/2012 10:26:27 AM     (No. 8922758)

For reference, see last 4 years....

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Reply 3 - Posted by: cruiseluv, 10/10/2012 10:36:30 AM     (No. 8922786)

I thought it was an excellent, brutally honest letter from that CEO to his employees, treating them like adults. We need more public admonitions like that.

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Reply 4 - Posted by: Davids918, 10/10/2012 10:38:30 AM     (No. 8922793)

It won't just be this guy who will end up with notices to his employees if Obama is re-elected.



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Reply 5 - Posted by: snakeoil, 10/10/2012 10:49:20 AM     (No. 8922827)

If we get 4 more years of Dope and Chains all of the out of work types will get food stamps, unemployment, and a free phone. And we will get to pay for it.

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Reply 6 - Posted by: Arabella Figg, 10/10/2012 10:51:06 AM     (No. 8922830)

I am in the same situation on a smaller scale. I am afraid to convert my part time secretary to full time. This is a wonderful employee who has 2 part time jobs, and I am afraid that if I convert her to full time, I won't be able to afford to keep her when (if zerObama and the "rats get reelected) our taxes go up next year. Of course, she gets it, so I don't need to send her an email to explain things to her.

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Reply 7 - Posted by: jalo1951, 10/10/2012 10:53:21 AM     (No. 8922835)

Under obamacare a company cannot treat their full time employees differently. But you can if you make some part-time employees. I am a support staff employee at a school. The rumor is support staff will be made part-time (30 hrs a week) so benefits do not have to be given. Teachers will be catered to and the rest of us will get the shaft. As usual. This CEO will not be the only boss who takes this route.

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Reply 8 - Posted by: plex, 10/10/2012 11:04:10 AM     (No. 8922861)

Given recent announcements by companies about cutting staff to 30 hours to avoid full time status, you can expect a ruling from the emperor that 20 hours will be considered full time.. or 15 or 10 or whatever it takes.

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Reply 9 - Posted by: FlatCityGirl, 10/10/2012 11:19:46 AM     (No. 8922901)

Do not be surprised if the Holder Injustice Department finds some obscure infraction of the law and charges Me. Siegel with a crime.

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Reply 10 - Posted by: MattMusson, 10/10/2012 11:25:05 AM     (No. 8922921)

#9 - Voter Intimidation

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Reply 11 - Posted by: A Balrog of Morgoth, 10/10/2012 11:35:30 AM     (No. 8922964)

I can only speak anecdotally, but it appears that Walmart has already been doing this for several years.

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Reply 12 - Posted by: A Balrog of Morgoth, 10/10/2012 11:36:09 AM     (No. 8922970)

P.S. Shifting from full-time to part-time, that is.

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Reply 13 - Posted by: OdinsAcolyte, 10/10/2012 11:53:24 AM     (No. 8923038)

If Obama remains employed many of s shall not be. No doubt.

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Reply 14 - Posted by: secondtimelucky, 10/10/2012 12:16:41 PM     (No. 8923101)

it all depends upon the individual employer. When I was working, my employer hit a ''bad patch'' and rather than lay off anyone he cut everyone's hours to 30. But he continued to fully fund our health insurance.

Granted, this might be much more difficult now - but his decision was absolute proof to all of us that he really did have our best interests at heart. Eventually we recovered and all returned to full hours.

Employers are NOT the bad guys. I never worked for a poor man and small business owners - IMHO - deserve any monies they make. We always presumed the boss was far better off financially than were the rest of us. At the same time, it was HIS house that was held as collateral for a couple of loans and it was HIS 15 hour days after the rest went home. It was HIS kids who played games and won trophies and performed in school plays without Dad...

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CEO to Workers:
You'll Likely Be Fired
CNBC.com, by Robert Frank    Original Article
Posted By: Axeman- 10/10/2012 10:23:15 AM     Post Reply
David Siegel, the owner of Westgate Resorts, sent a surprising email to his employees Monday. It said that if President Barack Obama wins re-election and raises Siegel's taxes, he will have to lay off workers and downsize his company — or even shut it down. "If any new taxes are levied on me, or my company, as our current President plans, I will have no choice but to reduce the size of this company," he wrote. "Rather than grow this company I will be forced to cut back. This means fewer jobs, less benefits and certainly less opportunity for everyone."



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