WINNING? Thousands of Americans will be jobless, as AT&T benefits from T-rump's tax cuts and sends jobs overseas
AT&T is set to save more than $42 Billion from T-rump's 2017 tax cuts, but they're not investing it in American jobs as T-rump and Republicans claimed they would. Instead, the company plans on cutting thousands of jobs across thew country, starting in a matter of weeks.
A year ago, after receiving a $3 B tax cut from Republicans, AT&T announced "new and expanded alliances with big outsourcing companies to replace workers with foreign or cheaper domestic talent.” Now those foreign workers have been trained by the Americans who will see their jobs cut in the coming months, according to internal documents obtained by Axios.
According to the documents, most of the thousands of employees who will be heading to the unemployment lines have worked for AT&T for well over a decade, and will not receive any severance packages.
T-rump has remained silent about the upcoming plans at AT&T, even though he made ending the offshoring of American jobs a centerpiece of his 2016 presidential campaign.
https://www.axios.com/trump-att-outsourcing-h1b-visa-foreign-workers-1f26cd20-664a-4b5f-a2e3-361c8d2af502.html