Quote:The AT&T boss — citing a mountain of cash the telecom giant will keep because of Trump’s tax cuts — said this week that AT&T will pay out $200 million to employees by awarding 200,000 of its rank-and-file year-end bonuses of $1,000 each.

That’s on the heels of last month, when CEO Stephenson pledged to create 7,000 jobs with $1 billion AT&T it expects to save on taxes.

Quote:Meanwhile, however, a slew of AT&T layoffs nationwide looks poised to claim casualties running into the thousands. As The Post reported this week, AT&T fired more than 700 cable installers earlier this month.

Elsewhere, sources said AT&T has lately laid off 215 high-skilled technician jobs in nine Southern states. Those jobs, many paying $36 an hour, will be eliminated in the first quarter, sources said.

“It just seems funny that if they are going to create 7,000 jobs, why it is necessary to lay off 215 Southeast workers?” one of the skilled technicians griped to The Post.

Add to that 280 jobs that will be cut beginning Feb. 17 at AT&T’s Dallas credit and collections center, a source to AT&T confirmed. Also in February,  278 jobs will be cut at AT&T’s El Paso, Texas call center. Yet another 87 positions will be scaled back at the company’s Kansas City, Mo. credit and collections center, according to the source.

AT&T also fired an undisclosed number of workers in November at its Atlanta-based entertainment wireless group, a worker said.

This smattering of layoffs alone — likely only part of the looming bloodbath, according to sources — could save AT&T as much as $100 million.

Quote:From Jan. 31, 2016 to Jan. 31, 2017 AT&T employment fell by 5 percent from 281,000 to 268,000, according to public filings.

A New York Times profile of Stephenson in February 2016 said senior executives believed eliminating 30 percent of AT&T’s workforce by 2020 was not out of the question.

“It’s not uncommon for our employment levels to fluctuate over the course of time,” an AT&T spokesman said, saying company is “adding people in many parts of our business that are experiencing higher customer demand.”

But the spokesman also admitted that “technology improvements are driving higher efficiencies and there are some areas where demand for our legacy services continues to decline. Our employment figures reflect all of these factors.”

Quote:AT&T last year showed its financial support for the Trump administration donating $2.1 million to his inauguration, according to public records.

Quote:Still, Trump’s Department of Justice last month sued to block AT&T’s $85 billion deal to buy the Time Warner deal.

Quote:Some speculate this week’s announcements about bonuses and jobs are a bid to curry favor with the White House.

(12-27-2017 09:59 AM)Redwingtom Wrote:  

Quote:The AT&T boss — citing a mountain of cash the telecom giant will keep because of Trump’s tax cuts — said this week that AT&T will pay out $200 million to employees by awarding 200,000 of its rank-and-file year-end bonuses of $1,000 each.

That’s on the heels of last month, when CEO Stephenson pledged to create 7,000 jobs with $1 billion AT&T it expects to save on taxes.

Quote:Meanwhile, however, a slew of AT&T layoffs nationwide looks poised to claim casualties running into the thousands. As The Post reported this week, AT&T fired more than 700 cable installers earlier this month.

Elsewhere, sources said AT&T has lately laid off 215 high-skilled technician jobs in nine Southern states. Those jobs, many paying $36 an hour, will be eliminated in the first quarter, sources said.

“It just seems funny that if they are going to create 7,000 jobs, why it is necessary to lay off 215 Southeast workers?” one of the skilled technicians griped to The Post.

Add to that 280 jobs that will be cut beginning Feb. 17 at AT&T’s Dallas credit and collections center, a source to AT&T confirmed. Also in February,  278 jobs will be cut at AT&T’s El Paso, Texas call center. Yet another 87 positions will be scaled back at the company’s Kansas City, Mo. credit and collections center, according to the source.

AT&T also fired an undisclosed number of workers in November at its Atlanta-based entertainment wireless group, a worker said.

This smattering of layoffs alone — likely only part of the looming bloodbath, according to sources — could save AT&T as much as $100 million.

Quote:From Jan. 31, 2016 to Jan. 31, 2017 AT&T employment fell by 5 percent from 281,000 to 268,000, according to public filings.

A New York Times profile of Stephenson in February 2016 said senior executives believed eliminating 30 percent of AT&T’s workforce by 2020 was not out of the question.

“It’s not uncommon for our employment levels to fluctuate over the course of time,” an AT&T spokesman said, saying company is “adding people in many parts of our business that are experiencing higher customer demand.”

But the spokesman also admitted that “technology improvements are driving higher efficiencies and there are some areas where demand for our legacy services continues to decline. Our employment figures reflect all of these factors.”

Quote:AT&T last year showed its financial support for the Trump administration donating $2.1 million to his inauguration, according to public records.

Quote:Still, Trump’s Department of Justice last month sued to block AT&T’s $85 billion deal to buy the Time Warner deal.

Quote:Some speculate this week’s announcements about bonuses and jobs are a bid to curry favor with the White House.

AT&T boss touts big employee bonuses amid job cuts

(12-27-2017 10:14 AM)TigerBlue4Ever Wrote:  AT&T has been laying off people for the last 5 years at least. One of the morning mantras we used to have to endure was that if our skillsets weren't up to speed for the new AT&T then we stood a good chance of being unemployed by the year 2020. The use of copper wire is all but dead so it stands to reason that if your only skillset is the installation of it then you won't maintain employment for long. AT&T's Uverse sucks so it also stands to reason that if your job is to install a ****** product you wont be employed for long. Also, when one is laid off from AT&T their name goes into a job bank and they are able to apply for other jobs for up to a year while being paid IIRC.
Workforce reduction has been an aim of AT&T's for longer than this POTUSes term.

Nice try though.

(12-27-2017 10:37 AM)appst89 Wrote:  

(12-27-2017 09:59 AM)Redwingtom Wrote:  

Quote:The AT&T boss — citing a mountain of cash the telecom giant will keep because of Trump’s tax cuts — said this week that AT&T will pay out $200 million to employees by awarding 200,000 of its rank-and-file year-end bonuses of $1,000 each.

That’s on the heels of last month, when CEO Stephenson pledged to create 7,000 jobs with $1 billion AT&T it expects to save on taxes.

Quote:Meanwhile, however, a slew of AT&T layoffs nationwide looks poised to claim casualties running into the thousands. As The Post reported this week, AT&T fired more than 700 cable installers earlier this month.

Elsewhere, sources said AT&T has lately laid off 215 high-skilled technician jobs in nine Southern states. Those jobs, many paying $36 an hour, will be eliminated in the first quarter, sources said.

“It just seems funny that if they are going to create 7,000 jobs, why it is necessary to lay off 215 Southeast workers?” one of the skilled technicians griped to The Post.

Add to that 280 jobs that will be cut beginning Feb. 17 at AT&T’s Dallas credit and collections center, a source to AT&T confirmed. Also in February,  278 jobs will be cut at AT&T’s El Paso, Texas call center. Yet another 87 positions will be scaled back at the company’s Kansas City, Mo. credit and collections center, according to the source.

AT&T also fired an undisclosed number of workers in November at its Atlanta-based entertainment wireless group, a worker said.

This smattering of layoffs alone — likely only part of the looming bloodbath, according to sources — could save AT&T as much as $100 million.

Quote:From Jan. 31, 2016 to Jan. 31, 2017 AT&T employment fell by 5 percent from 281,000 to 268,000, according to public filings.

A New York Times profile of Stephenson in February 2016 said senior executives believed eliminating 30 percent of AT&T’s workforce by 2020 was not out of the question.

“It’s not uncommon for our employment levels to fluctuate over the course of time,” an AT&T spokesman said, saying company is “adding people in many parts of our business that are experiencing higher customer demand.”

But the spokesman also admitted that “technology improvements are driving higher efficiencies and there are some areas where demand for our legacy services continues to decline. Our employment figures reflect all of these factors.”

Quote:AT&T last year showed its financial support for the Trump administration donating $2.1 million to his inauguration, according to public records.

Quote:Still, Trump’s Department of Justice last month sued to block AT&T’s $85 billion deal to buy the Time Warner deal.

Quote:Some speculate this week’s announcements about bonuses and jobs are a bid to curry favor with the White House.

AT&T boss touts big employee bonuses amid job cuts

Not much demand for landline and cable installers.

But you knew that before you posted. You're just ing

(12-27-2017 11:09 AM)Marc Mensa Wrote:  Why is the demand for cable installers down? It would seem there would still be a need for internet service, particularly in rural areas and the cable connection is better and faster than the alternatives.

(12-27-2017 12:05 PM)DavidSt Wrote:  It shows what a bunch of bunk of horse manure the Republicans force on us. The last few times that the corporate get the tax cuts and tax holidays? They give the CEOs and execs a huge pay raises and buy out the stocks on their companies to inflate their prices. At the same time, they fired or laid off 100,000 of employees.

Quote:The American people are not idiots, and they see the tax cuts is a reward for these big business to lay more people off, and outsource their businesses to other countries.

(12-27-2017 12:05 PM)DavidSt Wrote:  It shows what a bunch of bunk of horse manure the Republicans force on us. The last few times that the corporate get the tax cuts and tax holidays? They give the CEOs and execs a huge pay raises and buy out the stocks on their companies to inflate their prices. At the same time, they fired or laid off 100,000 of employees. The American people are not idiots, and they see the tax cuts is a reward for these big business to lay more people off, and outsource their businesses to other countries.

(12-27-2017 12:08 PM)Bull_Is_Back Wrote:  

(12-27-2017 12:05 PM)DavidSt Wrote:  It shows what a bunch of bunk of horse manure the Republicans force on us. The last few times that the corporate get the tax cuts and tax holidays? They give the CEOs and execs a huge pay raises and buy out the stocks on their companies to inflate their prices. At the same time, they fired or laid off 100,000 of employees.

Unemployment is down and workforce participation is up and the actual underemployment rate is higher than it's been since before the 2007 recession. Tell me again how that's horse manure.

Quote:The American people are not idiots, and they see the tax cuts is a reward for these big business to lay more people off, and outsource their businesses to other countries.

As the employment picture get's better and people start taking home more of their pay check you're going to see them wake up with regards as to the horse crap being sold to them by the left.

(12-27-2017 12:14 PM)DavidSt Wrote:  

(12-27-2017 12:08 PM)Bull_Is_Back Wrote:  

(12-27-2017 12:05 PM)DavidSt Wrote:  It shows what a bunch of bunk of horse manure the Republicans force on us. The last few times that the corporate get the tax cuts and tax holidays? They give the CEOs and execs a huge pay raises and buy out the stocks on their companies to inflate their prices. At the same time, they fired or laid off 100,000 of employees.

Unemployment is down and workforce participation is up and the actual underemployment rate is higher than it's been since before the 2007 recession. Tell me again how that's horse manure.

Quote:The American people are not idiots, and they see the tax cuts is a reward for these big business to lay more people off, and outsource their businesses to other countries.

As the employment picture get's better and people start taking home more of their pay check you're going to see them wake up with regards as to the horse crap being sold to them by the left.

You are bad at the lies what these corporations will do. There are many Americans who are still unemployed. The numbers are around 20%. These are the Republicans of the establishment side that past these bills, and they have not worked in the past.

(12-27-2017 12:14 PM)DavidSt Wrote:  You are bad at the lies what these corporations will do.

Quote:There are many Americans who are still unemployed.

(12-27-2017 12:11 PM)UofMstateU Wrote:  

(12-27-2017 12:05 PM)DavidSt Wrote:  It shows what a bunch of bunk of horse manure the Republicans force on us. The last few times that the corporate get the tax cuts and tax holidays? They give the CEOs and execs a huge pay raises and buy out the stocks on their companies to inflate their prices. At the same time, they fired or laid off 100,000 of employees. The American people are not idiots, and they see the tax cuts is a reward for these big business to lay more people off, and outsource their businesses to other countries.

Tell me, when was the last time the corporate tax rate was cut?

(12-27-2017 01:32 PM)Marc Mensa Wrote:  

(12-27-2017 12:11 PM)UofMstateU Wrote:  

(12-27-2017 12:05 PM)DavidSt Wrote:  It shows what a bunch of bunk of horse manure the Republicans force on us. The last few times that the corporate get the tax cuts and tax holidays? They give the CEOs and execs a huge pay raises and buy out the stocks on their companies to inflate their prices. At the same time, they fired or laid off 100,000 of employees. The American people are not idiots, and they see the tax cuts is a reward for these big business to lay more people off, and outsource their businesses to other countries.

Tell me, when was the last time the corporate tax rate was cut?

What percent of GDP were corporate income tax revenues in 1967?

What percent of GDP were corporate income tax revenues in 2016?

What percent of GDP were payroll tax revenues in 1967?

What percent of GDP were payroll tax revenues in 2016?

(12-27-2017 02:17 PM)UofMstateU Wrote:  

(12-27-2017 01:32 PM)Marc Mensa Wrote:  

(12-27-2017 12:11 PM)UofMstateU Wrote:  

(12-27-2017 12:05 PM)DavidSt Wrote:  It shows what a bunch of bunk of horse manure the Republicans force on us. The last few times that the corporate get the tax cuts and tax holidays? They give the CEOs and execs a huge pay raises and buy out the stocks on their companies to inflate their prices. At the same time, they fired or laid off 100,000 of employees. The American people are not idiots, and they see the tax cuts is a reward for these big business to lay more people off, and outsource their businesses to other countries.

Tell me, when was the last time the corporate tax rate was cut?

What percent of GDP were corporate income tax revenues in 1967?

What percent of GDP were corporate income tax revenues in 2016?

What percent of GDP were payroll tax revenues in 1967?

What percent of GDP were payroll tax revenues in 2016?

Truth hurts, doesnt it?

(12-27-2017 03:59 PM)Marc Mensa Wrote:  

(12-27-2017 02:17 PM)UofMstateU Wrote:  

(12-27-2017 01:32 PM)Marc Mensa Wrote:  

(12-27-2017 12:11 PM)UofMstateU Wrote:  

(12-27-2017 12:05 PM)DavidSt Wrote:  It shows what a bunch of bunk of horse manure the Republicans force on us. The last few times that the corporate get the tax cuts and tax holidays? They give the CEOs and execs a huge pay raises and buy out the stocks on their companies to inflate their prices. At the same time, they fired or laid off 100,000 of employees. The American people are not idiots, and they see the tax cuts is a reward for these big business to lay more people off, and outsource their businesses to other countries.

Tell me, when was the last time the corporate tax rate was cut?

What percent of GDP were corporate income tax revenues in 1967?

What percent of GDP were corporate income tax revenues in 2016?

What percent of GDP were payroll tax revenues in 1967?

What percent of GDP were payroll tax revenues in 2016?

Truth hurts, doesnt it?

Can you answer these very simple questions?

(12-27-2017 03:59 PM)Marc Mensa Wrote:  

(12-27-2017 02:17 PM)UofMstateU Wrote:  

(12-27-2017 01:32 PM)Marc Mensa Wrote:  

(12-27-2017 12:11 PM)UofMstateU Wrote:  

(12-27-2017 12:05 PM)DavidSt Wrote:  It shows what a bunch of bunk of horse manure the Republicans force on us. The last few times that the corporate get the tax cuts and tax holidays? They give the CEOs and execs a huge pay raises and buy out the stocks on their companies to inflate their prices. At the same time, they fired or laid off 100,000 of employees. The American people are not idiots, and they see the tax cuts is a reward for these big business to lay more people off, and outsource their businesses to other countries.

Tell me, when was the last time the corporate tax rate was cut?

What percent of GDP were corporate income tax revenues in 1967?

What percent of GDP were corporate income tax revenues in 2016?

What percent of GDP were payroll tax revenues in 1967?

What percent of GDP were payroll tax revenues in 2016?

Truth hurts, doesnt it?

Can you answer these very simple questions?