Common says there's now a zero-tolerance policy for using the n-word ... so he's not surprised former Papa John's founder John Schnatter is out of a job.
Here's the thing ... Common says he doesn't f*** with Papa John's anyway ... nonetheless, the decision to axe him was the right thing to do.
Schnatter resigned Wednesday from the University of Louisville Board of Trustees after being called out by the NAACP for using the N-word on a conference call in May. He later resigned as chairman of Papa John's International.