Tuesday, May 14, 2019

AT&T Promised 7k Jobs For Tax Break, Cuts 23k

Big corporations promising one thing and doing another? Say it isn't so!

But AT&T cut capital spending and kept laying people off after the tax cut. A union analysis of AT&T's publicly available financial statements "shows the telecom company eliminated 23,328 jobs since the Tax Cut and Jobs Act passed in late 2017, including nearly 6,000 in the first quarter of 2019," the Communications Workers of America (CWA) said yesterday.