Republicans would like us to think that a $21 billion tax windfall would result in a “trickle down” to workers in the form of more jobs. But at AT&T, it’s another round of job cuts instead.
“AT&T has informed employees of plans to cut another 1,800 jobs from its wireline division, an AT&T workers’ union told Ars today.
Last week, AT&T declared more than 1,800 jobs nationwide as ‘surplus,’ meaning they are slated to be eliminated in August or September, the Communications Workers of America (CWA) told Ars.
‘They’ve been cutting their employment massively in the past year and a half or so,’ with cuts affecting both union and non-union jobs, CWA Communications Director Beth Allen told Ars. Under union contracts, AT&T can declare a surplus of jobs each quarter, she said. But even by AT&T standards, last week’s surplus declaration ‘was a very large number,’ Allen said.
Jobs that are declared ‘surplus’ are taken off the payroll, CWA says.”
For the rest of the story, visit Ars Technica here.