AT&T is laying off thousands of people despite massive profits
Posted by Josh Taylor / August 29, 2018
Since 2011, AT&T has closed down forty-four call centers and laid off 16,000 employees. From the article, “Though AT&T is earning record profits, spending billions on stock buybacks and is expecting an estimated windfall of $20bn in savings from Donald Trump’s tax reforms, it has continued to lay off workers and outsource jobs.” So much for Trump’s plan to bring business back to America––his tax reforms has just meant more money for business without any benefit to employees. In fact, the reforms seemed to have increased company greed.
Full story at the Guardian.
More about business.
thanks bro.
keep it up