VICTORY: Papa John's CEO Says He Will Honor Obamacare
After President Barack Obama’s re-election, Papa John’s CEO John Schnatter warned that the company’s franchisees were likely to reduce employees’ hours to avoid offering health insurance through the Affordable Care Act. Schnatter’s plan to punish his employees—and use Obamacare as an excuse to make changes at his company—was met with loud public outcry from many communities. Richard Quandt started a MoveOn Petition urging Schnatter to stop threatening his workers. The petition gathered more than 120,000 signatures. In response to widespread criticism and opposition to his plans, Schnatter announced that he will honor Obamacare and offer health insurance to all his employees.