ORLANDO, Fla. (AP) - An Orlando time-share mogul who told employees they faced possible layoffs if Barack Obama was re-elected has reassured them that massive layoffs aren't on the horizon.
The Orlando Sentinel (http://thesent.nl/PFX3Sj ) reports David Siegel told employees in an email sent Wednesday that he never intended to cut their jobs if Obama won. He says his comments made in October were taken out of context by the media.
In the email, Siegel said he meant that if the administration keeps increasing the cost of doing business, he would cut back on "the size and growth of the company."
Siegel owns the Orlando-based Westgate Resorts.
Siegel and his wife Jacqueline were in a satirical documentary called "The Queen of Versailles" which follows their efforts to build a mansion on Lake Butler.
Information from: Orlando (Fla.) Sentinel, http://www.orlandosentinel.com
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
- Body of autistic boy vacationing in Fla. is found
- Friends Mourn Friend Killed in Motor Scooter Crash
- Fla. gov. steps up pace on signing death warrants
- Fla. Gov. will veto 3 percent college tuition hike
- Consumer group flags high SPF ratings on sunscreen
- Click it or Ticket campaign begins May 20th
- Shooting investigation in North Fort Myers