Saturday, December 8, 2012

Applebee's Franchisee Says Obamacare Means Layoffs | Synopsis

Applebee's Franchisee Says Obamacare Means Layoffs

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Excerpt:

Applebee's is making clear that it is not on a shooting rampage since of the Affordable Care Act (ACA) after one franchisee was quoted saying that Obamacare is causing a hiring and structure freeze. Zane Tankel, chairman and CEO of Apple-Metro, an Applebee franchisee for the New York metropolis, told Fox Business last week, "We've calculated it will [ cost ] some millions of dollars across our system. So what does that say-- that says we won't build more restaurants. We won't hire more people.". Apple-Metro did not instantly return requests for remark. The business has 40 Applebee's franchise restaurants. Risks to boycott Applebee's have actually gone ablaze on Twitter after the interview, with one Twitter individual composing with the hashtag # BoycottApplebees: "Hey @ Applebees, Firing workers for political reasons is WRONG! My family will BOYCOTT YOU until you change your policy!".

People:

Applebee

Overall Sentiment: -0.0169337

Relevance: 0.834954

Zane Tankel

Overall Sentiment: 0.0705436

Relevance: 0.371518

SentimentQuote
0.0285169Zane Tankel, chairman and CEO of Apple-Metro, an Applebee franchisee for the New York metropolitan area, told Fox Business last week, "We've calculated it will [cost] some millions of dollars across our system. So what does that say — that says we won't build more restaurants. We won't hire more people."
0.0550369"I'm sure all our people are watching this right now so I don't want to make any commitments one way or another," Tankel said. ...
Sentiment Stats:
  • Number of Quotes: 2
  • Aggregate Sentiment: 0.0835538
  • Mean: 0.0417769
  • Standard Deviation: 0

Mike Archer

Overall Sentiment: 0.0266166

Relevance: 0.2818

SentimentQuote
0.0896628"Recent public comments by one Applebee's franchisee about the possible implications of the ACA on jobs within his individual company were not the views or opinions of either Applebee's or other franchisees, although we respect his right to speak freely as an American," Archer said ...
0.077049"Recent public comments by one Applebee's franchisee about the possible implications of the ACA on jobs within his individual company were not the views or opinions of either Applebee's or other franchisees, although we respect his right to speak freely as an American," Archer said in a statement. "Importantly, it is also worth noting that this franchisee opened a new restaurant last week that created approximately 200 jobs, and will be opening another restaurant next month with a similar number of positions. Applebee's and our franchisees remain committed to growing our business and providing opportunities for employees in the future."
-0.072898"Because final regulations and guidance are still pending from government agencies regarding the Affordable Care Act (ACA), exactly how our franchisees will implement the law when it takes effect in 2014 is still uncertain," Archer said. ...
0"Because final regulations and guidance are still pending from government agencies regarding the Affordable Care Act (ACA), exactly how our franchisees will implement the law when it takes effect in 2014 is still uncertain," Archer said. "However, we do know that our franchisees will comply fully with the law and take every measure possible to continue doing right by their employees -- the lifeblood of their businesses. Applebee's franchisees have always led their companies as responsible, caring employers, and implementation of the new law will be consistent with that commitment."
Sentiment Stats:
  • Number of Quotes: 4
  • Aggregate Sentiment: 0.0938138
  • Mean: 0.02345345
  • Standard Deviation: 1.7320508075689

John Schnatter

Overall Sentiment: 0.0434144

Relevance: 0.252251

Disambiguation: BoardMember | CompanyFounder | CompanyShareholderReferences:

Obamacare

Overall Sentiment: 0.101446

Relevance: 0.191623

President Obama

Overall Sentiment: 0.440949

Relevance: 0.180176

Mitt Romney

Overall Sentiment: 0.15255

Relevance: 0.154632

Disambiguation: Politician | CompanyFounder | TVActorReferences:

Key:

  • Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
  • The Mean is meant to be an indicator of an individual's average comment sentiment.
  • The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).

Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.

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