In 2017, AT&T CEO Randall Stephenson campaigned for Trump's massive tax-cuts by promising that they would create 7,000 jobs with the $3,000,000,000 they stood to gain, as well as investing in new infrastructure: instead, the company has reduced its headcount by 23,328 workers (6,000 in the first three months of 2019!) while reducing capital expenditures by $1.4B (AT&T reduced capex by another $900m in Q1/2019).
AT&T substantially increased executive bonuses over the same period.
When contacted by Ars, AT&T didn't deny any of the CWA's findings. "We continue to hire in areas where we're seeing increasing demand for products and services, but technology is changing rapidly and that affects hiring and employment," AT&T told Ars. "There are fewer jobs in parts of the business that are declining and facing technology shifts."
AT&T promised 7,000 new jobs to get tax break—it cut 23,000 jobs instead [Jon Brodkin/Ars Technica]
(Image: Mike Mozard, CC-BY)
Jerry Falwell, Sr founded the Moral Majority, brought evangelicals into the voting booth, elected Ronald Reagan, and changed the face of American politics forever; his son, Jerry Jr now commands the Falwell empire, including Liberty University, which now has $3b in assets.
Supermajority's Gender Equality, the Status of Women and the 2020 Elections surveys likely 2020 voters (N=1912), finds a strong correlation between opposition and broad misogynistic beliefs, such as opposition to the idea that women and men should hold an equal number of positions of power; opposition to the #MeToo movement; a disbelief in the idea […]
David Howard, McSweeney's: "Let me tell you, it’s hard out here for an orc. We experience tremendous insecurity, not knowing whether we’ll have a job, or be able to raid peaceful villages, or if our friends will eat us. Sauron appeals to us economically challenged goblins because he offers us the chance of a decent […]
Studies have shown cannabidiol (more popularly known as CBD) to be effective in two main areas: Pain relief and stress relief. Both of those make the non-psychoactive, cannabis-derived compound a natural for topical creams. There’s no shortage of CBD products out there, but here’s eight of our favorites, all specifically designed for dermatological use – […]
If you’re part of the maker community, you know Make:. Though Make: magazine is off the shelves as of this year, the eBooks and resources put out by Maker Media are still a fantastic resource for the new generation of tinkerers, hackers, and robotics geeks. If you’re in that tribe, listen up: they’ve released a […]
Life isn’t getting any less hectic, and pressure cookers are a quick, healthy solution for a growing number of kitchens. But if you thought your Instant Pot was versatile, there’s a major upgrade on the market: The Yedi 9-in-1 Total Package Instant Programmable Pressure Cooker. If you’ve somehow never used a pressure cooker before, try […]