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AT&T keeps promise to add 7000 jobs from tax cuts and net neutrality repeal

AT&T expects to finalize specifics of the layoffs later ...
XO The Galleria of LGBT Fuckfests
  01/12/19
...
XO The Galleria of LGBT Fuckfests
  01/13/19
telcom is a shitshow these days
Forest for the Trees Guy
  01/13/19
Just give big telcom everything they want with no strings at...
XO The Galleria of LGBT Fuckfests
  01/13/19
Tax cuts lead to stock buybacks and some capital investment ...
Richard "Richie" Aprile Sr.
  01/13/19
he was calling for raising taxes on GC rich scum. this was p...
TRUMP rulez
  01/13/19
What a fearless leader willing to take on GC for the little ...
Richard "Richie" Aprile Sr.
  01/13/19
Way better than what would happen under libs
pepito
  01/13/19
Obviously untrue.
Richard "Richie" Aprile Sr.
  01/13/19
Libs let brown people in
'''''''"'"
  01/13/19
Shockingly credited analysis
Forest for the Trees Guy
  01/13/19
...
,.,...,..,.,.,:,,:,.,.,:::,..,..,:,.,.:.:.,:.::,.
  01/13/19
you are against automation? wtf does that even mean?
Marty McFly's Japanese truck
  01/13/19
No, I am not. I understand automation is inevitable and I do...
Richard "Richie" Aprile Sr.
  01/13/19
Trump is almost as dumb as his supporters. Who wouldve thoug...
,.,...,..,.,.,:,,:,.,.,:::,..,..,:,.,.:.:.,:.::,.
  01/13/19
He is probably less intelligent than many of his supporters....
Richard "Richie" Aprile Sr.
  01/13/19
Your world on Judaism
pepito
  01/13/19
They do nothing but import H1Bs.
,..,;::,,,.;,,,,;:...,,,.;;
  01/13/19


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Date: January 12th, 2019 11:28 PM
Author: XO The Galleria of LGBT Fuckfests

AT&T expects to finalize specifics of the layoffs later this month, but it already briefed managers on the plan in an internal memo last week, Motherboard wrote.

"To win in this new world, we must continue to lower costs and keep getting faster, leaner, and more agile," AT&T Technology and Operations President Jeff McElfresh reportedly told employees in the memo. "This includes reductions in our organization, and others across the company, which will begin later this month and take place over several months."

When contacted by Ars, AT&T said, "We are hiring to meet the needs of the growth areas of our business. In fact, we hired more than 20,000 new employees last year and more than 17,000 the year before. In cases where we do have to adjust our workforce, we take steps to lessen the effect on employees."

AT&T didn't say exactly how many employees would be laid off, but the company told Ars that it "adjusts" its workforce when new technology improves efficiency. AT&T also said it adjusts its workforce for "legacy" services that have declining customer demand. That may be a reference to AT&T's copper phone and DSL network, which still operates in areas where AT&T hasn't upgraded to fiber. The copper network has been providing poor-quality service to the chagrin of customers for years.

AT&T's internal memo on the planned layoffs advises managers on how to explain why the tax cut didn't prevent layoffs, according to Motherboard.

"What we've said was that AT&T planned to invest an additional $1 billion in the United States this year as a result of tax reform, and that research shows that every $1 billion in capital invested in the telecom industry creates about 7,000 good-paying jobs for American workers, across the broader economy," the memo says, according to the news site.

There have been several indications that the Trump administration's many gifts to telecom companies aren't bringing the promised benefits to workers or consumers.

AT&T in November 2017 promised to "invest an additional $1 billion" in exchange for the corporate tax break that was finalized by Congress and President Trump quickly thereafter. But AT&T then began "instituting an unprecedented massive layoff of employees," the CWA said in late December 2017.

Comcast laid off hundreds of employees around the same time despite claiming the tax cut would create thousands of jobs. Verizon said that its $4 billion tax windfall would be mostly used "to strengthen Verizon's balance sheet" instead of adding jobs or boosting broadband networks.

https://arstechnica.com/information-technology/2019/01/att-reportedly-plans-layoffs-despite-tax-cut-and-fcc-deregulation/

(http://www.autoadmit.com/thread.php?thread_id=4176565&forum_id=2#37582310)



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Date: January 13th, 2019 12:13 PM
Author: XO The Galleria of LGBT Fuckfests



(http://www.autoadmit.com/thread.php?thread_id=4176565&forum_id=2#37583823)



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Date: January 13th, 2019 12:14 PM
Author: Forest for the Trees Guy

telcom is a shitshow these days

(http://www.autoadmit.com/thread.php?thread_id=4176565&forum_id=2#37583841)



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Date: January 13th, 2019 12:15 PM
Author: XO The Galleria of LGBT Fuckfests

Just give big telcom everything they want with no strings attached. They'll hold up their end - it's the right thing to do.

(http://www.autoadmit.com/thread.php?thread_id=4176565&forum_id=2#37583848)



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Date: January 13th, 2019 12:16 PM
Author: Richard "Richie" Aprile Sr.

Tax cuts lead to stock buybacks and some capital investment that lead to further automation that leads to layoffs.

Trump ran up a huge deficit to benefit billionaires and to accelerate automation that makes human labor redundant.

His plan was never ever going to help the little guy. This was pointed out ad naseum and is now coming to fruition.

(http://www.autoadmit.com/thread.php?thread_id=4176565&forum_id=2#37583852)



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Date: January 13th, 2019 12:18 PM
Author: TRUMP rulez

he was calling for raising taxes on GC rich scum. this was paul ryan's retard brainchild tax plan

(http://www.autoadmit.com/thread.php?thread_id=4176565&forum_id=2#37583875)



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Date: January 13th, 2019 12:19 PM
Author: Richard "Richie" Aprile Sr.

What a fearless leader willing to take on GC for the little guy!

Just vote for him again in 2020 and *this time* he will do right for working class folks. Hehe.

(http://www.autoadmit.com/thread.php?thread_id=4176565&forum_id=2#37583880)



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Date: January 13th, 2019 12:22 PM
Author: pepito (🙏 )

Way better than what would happen under libs

(http://www.autoadmit.com/thread.php?thread_id=4176565&forum_id=2#37583900)



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Date: January 13th, 2019 12:29 PM
Author: Richard "Richie" Aprile Sr.

Obviously untrue.

(http://www.autoadmit.com/thread.php?thread_id=4176565&forum_id=2#37583922)



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Date: January 13th, 2019 12:31 PM
Author: '''''''"'"

Libs let brown people in

(http://www.autoadmit.com/thread.php?thread_id=4176565&forum_id=2#37583926)



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Date: January 13th, 2019 12:28 PM
Author: Forest for the Trees Guy

Shockingly credited analysis

(http://www.autoadmit.com/thread.php?thread_id=4176565&forum_id=2#37583920)



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Date: January 13th, 2019 12:32 PM
Author: ,.,...,..,.,.,:,,:,.,.,:::,..,..,:,.,.:.:.,:.::,.




(http://www.autoadmit.com/thread.php?thread_id=4176565&forum_id=2#37583929)



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Date: January 13th, 2019 12:33 PM
Author: Marty McFly's Japanese truck

you are against automation?

wtf does that even mean?

(http://www.autoadmit.com/thread.php?thread_id=4176565&forum_id=2#37583931)



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Date: January 13th, 2019 12:48 PM
Author: Richard "Richie" Aprile Sr.

No, I am not. I understand automation is inevitable and I do not have a magic wand to stop it. In terms of policy, the best we can really hope for is to soften the fall. There simply will not be enough work to go around for the sub-110 IQ folks, and it will probably come for the rest of us eventually as well.

The point is, Trump's actions will accelerate and are accelerating this inevitable reality; despite all his grand claims to the contrary.

(http://www.autoadmit.com/thread.php?thread_id=4176565&forum_id=2#37584012)



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Date: January 13th, 2019 12:52 PM
Author: ,.,...,..,.,.,:,,:,.,.,:::,..,..,:,.,.:.:.,:.::,.


Trump is almost as dumb as his supporters. Who wouldve thought

(http://www.autoadmit.com/thread.php?thread_id=4176565&forum_id=2#37584022)



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Date: January 13th, 2019 12:55 PM
Author: Richard "Richie" Aprile Sr.

He is probably less intelligent than many of his supporters. He might have been bright at some point, but he is clearly suffering dementia or similar afflictions. He struggles to finish a coherent sentence.

(http://www.autoadmit.com/thread.php?thread_id=4176565&forum_id=2#37584035)



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Date: January 13th, 2019 12:16 PM
Author: pepito (🙏 )

Your world on Judaism

(http://www.autoadmit.com/thread.php?thread_id=4176565&forum_id=2#37583856)



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Date: January 13th, 2019 12:26 PM
Author: ,..,;::,,,.;,,,,;:...,,,.;;


They do nothing but import H1Bs.

(http://www.autoadmit.com/thread.php?thread_id=4176565&forum_id=2#37583915)