News Summary: Darden to hold off on worker changes

Updated at: 12/05/2012 2:35 PM
By The Associated Press

TAKING THE PULSE: Darden Restaurants Inc., which owns Olive Garden and Red Lobster, won’t shift any current full-time workers to part-time status in 2014 when new health care regulations take effect.

HEART OF THE MATTER: The company was considering the shift to limit costs tied to health care changes, which will require large companies to provide insurance to full-time workers starting in 2014

MORE CHECKUPS: Darden says about 75 percent of its 185,000 employees are part-timers. The company did not rule out increasing that ratio in the future, as it learns more about the costs of the changes.

(Copyright 2012 by The Associated Press. All Rights Reserved.)