… allegedly eliminating “thousands of jobs, closing call centers and shifting customer service and network maintenance to low-wage contractors, including overseas vendors.” It noted that while Stephenson once “boasted that every $1 billion in tax savings will create about 7,000 good jobs for the middle class,” the company announced more than 1,500 layoffs just days after President Trump’s tax bill became law.
“The time is now for AT&T to follow through on its tax bill promises to create good, family-supporting U.S. jobs and invest in workers,” said Linda Hinton, CWA District 4 vice president. “While AT&T stonewalls workers at the bargaining table over offshoring and outsourcing, the company is pulling in billions in profits from the tax bills. AT&T workers will not give up on their fight against layoffs, cuts and closures.”
Richter said the CWA continues to “make misleading statements about a ‘promise’ that was never made.”
“What was actually said is that we plan to invest an additional $1 billion in the U.S. this year, and that research shows every $1 billion in capital invested in the telecom industry (not every $1 billion in tax savings) creates about 7,000 jobs across the American economy,” he said.
.@informatechhq adds IHS Markit's TMT assets to its growing portfolio of products and capabilities. goo.gl/fb/whGbsh
May 24 2019 @ 15:22:08 UTC