AT&T promised it could create 7,000 jobs if Trump went by means of with its $3B tax-cut, however they lower 23,000 jobs as an alternative – Boing Boing

In 2017, AT&T CEO Randall Stephenson campaigned for Trump’s huge tax-cuts by promising that they might create 7,000 jobs with the $three,000,000,000 they stood to achieve, in addition to investing in new infrastructure: as an alternative, the corporate has lowered its headcount by 23,328 employees (6,000 within the first three months of 2019!) whereas decreasing capital expenditures by $1.4B (AT&T lowered capex by one other $900m in Q1/2019).

AT&T considerably elevated government bonuses over the identical interval.

When contacted by Ars, AT&T did not deny any of the CWA’s findings. “We proceed to rent in areas the place we’re seeing growing demand for services and products, however expertise is altering quickly and that impacts hiring and employment,” AT&T informed Ars. “There are fewer jobs in elements of the enterprise which might be declining and dealing with expertise shifts.”

AT&T promised 7,000 new jobs to get tax break—it lower 23,000 jobs as an alternative [Jon Brodkin/Ars Technica]

(Picture: Mike Mozard, CC-BY)

The Verge’s Josh Dzieza continues his excellent protection of Foxconn’s shell-game in Wisconsin, the place the corporate — promised billions in subsidies and tax-breaks by former governor Scott Walker, a Koch darling, and by Trump, who used Foxconn’s promise of a serious new Wisconsin manufacturing facility to say his insurance policies had been working — has lived as much as […]

READ THE REST

Former South Carolina Governor Nikki Haley — who served as Trump’s Ambassador to the UN, the place she resigned on America’s behalf from the Human Rights Council earlier than resigning her publish — has acquired a brand new, profitable side-hustle: serving on the Board of Boeing.

READ THE REST

John Quiggin’s essay about “Transactional Trumpism” actually nailed it for me: if the story is that Republicans selected Trump as their candidate as a result of they had been certain that he would enact “the Republican agenda” they did not get an excellent deal: all Trump has managed is the naked minimal that any Republican would have executed, placing […]

READ THE REST

Getting a set of cookware that can outlast you is a kind of indicators you’ve actually grown up. It was once simple to search out sturdy supplies that additionally prepare dinner properly, however lately it may be laborious to inform what’s high quality and what manufacturers are coasting by on a recognizable identify. Effectively, there’s at […]

READ THE REST

Whether or not you’re writing firm memos or meticulously crafting a novel, all people wants an editor – and we’re not simply speaking a couple of spell checker. Writing software program has gotten fairly intuitive, to the purpose the place applications like ProWritingAid can guard in opposition to extra than simply foolish errors. They will really enhance your model. Designed as the primary […]

READ THE REST

Once you’re half-asleep, nighttime lavatory breaks can get messy and even painful with out a mild. However let’s face it: No one desires to consider their lavatory any greater than they should. That’s why the LooLoo Automated Rest room Freshener & Night time Gentle is perhaps probably the most helpful devices you by no means knew you wanted. […]

READ THE REST

asubhan
wordpress autoblog
amazon autoblog
affiliate autoblog
wordpress website
website development

Be the first to comment

Leave a Reply

Your email address will not be published.


*