David Siegel was one of those bosses who told their
employees to vote for Mitt Romney in the presidential election. Siegel, 77, is
the owner of a private time-share company, Westgate Resorts, in Orlando and
says he employs some 7,000 people. “I wanted to let my employees know what will
come if they make the wrong choice. They need to worry if Obama gets
reelected,” he told me in an Oct. 10 interview. He also said he might have to
lay off some of them, maybe he might even retire. So now what?
Are you going to lay off employees as you suggested in your
memo?
I don’t know. I’m going to work my hardest to keep the
company going and expand the best I can. We’ll see what happens. Meanwhile I
gave everybody in the company a raise this week—the average was 5 percent. I
wanted to help them handle the additional burdens the government will put on
them....
Want to see more? Go to http://www.businessweek.com/articles/2012-11-07/david-siegel-hasnt-fired-anyone-yet
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