Companies announce layoffs alongside tax cut bonuses - Axios
https://www.axios.com/companies-are-announcing-layoffs-alongside-1516906209-24...
Comcast announced 100,000 bonuses of $1,000, while around 500 managers, supervisors, and salespeople were fired. AT&T announced 200,000 bonuses of $1,000, while laying off thousands. Walmart announced minimum hourly wage raises to $11, and offering $1,000 bonuses; on the same day it announced the lay off ...
Walmart announces wage hikes and bonuses — and layoffs | New ...
https://nypost.com/.../walmart-cites-tax-overhaul-as-it-raises-minimum-wage-offers-bo...
Jan 11, 2018 - More than 7500 Sam's Club workers learned on Thursday that their stores were closing and they were possibly out of work. The news of the 63 store closures...
Corporate America Celebrated Tax Cuts by Laying Off Workers - VICE
https://www.vice.com/.../corporate-america-celebrated-tax-cuts-by-laying-off-workers
Jan 10, 2018 - If a business gave a bonus in 2017, it went against the 35 percent corporate tax rate then in effect. If were to give one this year, the ... Because around the same time that they made a big show of rewarding employees with bonuses, both companies quietly engaged in layoffs. Comcast fired 500 members of ...
AT&T quietly lays off thousands after touting bonuses - IndyStar
AT&T, touting bonuses and investment fueled by tax reform, quietly lays off thousands
Jan 2, 2018 - Moments after Congress passed a Republican-backed tax overhaul that will savecorporations billions of dollars per year, AT&T was the first major company to draw a link between the bill and benefits for workers. AT&T said it would give $1,000 bonuses to 200,000 employees and invest $1 billion in the ...
Pepsi announces bonuses and layoffs after earnings - BI
www.businessinsider.com/pepsi-announces-bonuses-and-layoffs-2018-2
NEW YORK (AP) — PepsiCo reported flat revenue for the last few months of 2017, and said that it will cut some jobs while giving others bonuses of up to $1,000. The layoffs, which will affect its corporate employees, amounts to less than 1 percent of its more than 110,000 employees, the company said Tuesday. Bonuses go ...
AT&T Announces Thousands of Layoffs, Firings Just in Time for ...
www.newsweek.com/christmas-att-layoffs-midwest-bonuses-trump-758391
Dec 24, 2017 - AT&T plans to lay off and fire more than a thousand workers starting early next year, according to local reports. ... Soon after the company announced it would give $200 million worth ofbonuses, President Donald Trump praised the move as an indicator of how the tax bill could benefit American workers.
Comcast Fired Hundreds of Workers Before Christmas Alongside ...
www.newsweek.com/comcast-fired-500-workers-christmas-after-pledging-give-emplo...
Jan 5, 2018 - Just two weeks before Christmas, hundreds of Comcast door-to-door salespeople were called into company offices and fired from their jobs, it has emerged, just after the telecommunications giant announced it would be giving out $1,000 bonuses to staffers thanks to a major tax cut. The firingsare reported ...