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)
The idea of paid protesters is a favorite of the right, though as always, the thing you accuse your opponents of inevitably turns out to be the thing you're doing yourself (Trump paid actors to cheer his presidential campaign announcement and big industry groups pay actors to protest regulations that undermine their profits).
Comments filed with the FCC by AT&T, Frontier, Windstream and Ustelcom (an industry group representing telcoms companies) have asked the FCC to change the rules for its next, $20.4 billion/10 year rural broadband subsidy fund to allow them to offer slower service than the (already low) speeds the FCC has proposed.
The Good Liars -- the comedy duo of Davram Stiefler and Jason Selvig -- redecorated a Brooklyn armed forces recruiting center with posters featuring Donald Trump Jr and the slogan, "I'm not enlisting but you should" with the strapline, "There's weak, and then there's Trump weak."
We live in a disposable era. If you can’t fix a broken item with a wrap of duct tape, there’s a very strong likelihood that its next destination is the trashcan. However, that probably leads to a trigger-finger death sentence for many household items that could be saved with just a bit more ingenuity. Before […]
Right tool for the right job. You probably heard a parent or grandparent say it at least once at some point. And it’s true in so many cases. If you spot a small tear in your living room curtains or near to hem a pair of pants, you can always use the good old fashioned […]
The world is holding its collective breath. As states begin cautiously reopening, no one is sure exactly what to expect. But one thing is clear: most Americans are worried about their bank accounts. By the end of March, the average American household was spending 40 percent less on their credit cards than they were one […]