AT&T fires thousands of workers just before Christmas
AT&T has begun firing thousands of employees in what they are calling a 'workforce adjustment' in it's declining 'legacy services', just in time for Christmas. The news preceded AT&T's praise of Donald Trump and the GOP's new tax reform bill. In celebration of the overhaul, in which they will have their corporate tax rate lowered from 35% to 21%, they will give $1,000 bonus checks to 200,000 employees. Donald Trump praised the move by AT&T and said 'the tax overhaul is working' in his televised bill-signing Friday morning. Trump didn't mention the massive lay-offs, and how he will help those thousands of unemployed people in the south and midwest.
Across the Midwest, 600 workers were given notice they would be let go by the end of 2017, just days after the company fired 700 Direct-TV home installers and another 215 'high skilled' technicians in Southern states. The company also announced plans to fire an additional 700 workers in Texas and Missouri on February 1, 2018.
Last year, a spokesperson for AT&T confirmed decreasing their workforce by 30% in the near future was 'not out of the question'.
Not to worry - Trump has promised America he will create 'millions of high-paying jobs' during his Presidency. I'm sure there's a couple of thousand in those millions of jobs America is waiting for these days.