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AT&T's Planning Yet More Layoffs Despite Tens Of Billions In Tax Breaks And Government Favors

https://www.techdirt.com/articles/20190109/09413841361/ats-planning-yet-more-layoffs-despite-tens-billions-tax-breaks-government-favors.shtml
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Jan 10, 2019 9:22 AM 3+ mon ago

AT&Ts Planning Yet More Layoffs Despite Tens Of Billions In Tax Breaks And Government Favors

Telecom monopolies have a pretty good racket going. They'll consistently demand all manner of tax cuts, subsidies, and other government perks in exchange for A: jobs that never actually materialize, or B: broadband network expansions that somehow never actually arrive. The nation's telcos in particular have received countless billions in taxpayer subsidies to expand their broadband networks, yet time and time again we've shown how they've wiggled out of these obligations, leaving huge swaths of America left outside of the reach of fast, inexpensive, competitive broadband (that's particularly true in poor urban and rural areas).

Yet somehow, we here in America never quite learn the lesson. Case in point: you might recall that in late 2017 AT&T CEO Randall Stephenson told anybody who'd listen that the Trump era tax cuts (which granted AT&T a $20 billion one-time windfall and $3 billion ...

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After Nabbing Billions In Tax Breaks, AT&T's Promised Job Growth Magically Evaporates

techdirt.com     7+ mon ago

from the Charlie-Brown-playing-football dept Telecom monopolies have a pretty good racket going. They'll consistently demand all manner of tax cuts, subsidies, a...

Report: AT&T plans layoffs despite claiming tax cut would create 7,000 jobs

Report: AT&T plans layoffs despite claiming tax cut would create 7,000 jobs

arstechnica.com     3+ mon ago

AT&T is reportedly planning a significant round of layoffs, despite receiving a large tax break and various regulatory favors such as the repeal of net neutrality rules. Motherboa...

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truthdig.com     1+ mon ago

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After Nabbing Billions In Tax Breaks, AT&T's Promised Job Growth Magically Evaporates

techdirt.com     7+ mon ago

from the Charlie-Brown-playing-football dept Telecom monopolies have a pretty good racket going. They'll consistently demand all manner of tax cuts, subsidies, a...

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Don't miss stories. Follow Raw Story! Corporate tax subsidies, in the spotlight again after Amazon.com Inc s secre...

Corporate tax breaks cost U.S. schools billions of lost revenue: report

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Report: AT&T plans layoffs despite claiming tax cut would create 7,000 jobs

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arstechnica.com     3+ mon ago

AT&T is reportedly planning a significant round of layoffs, despite receiving a large tax break and various regulatory favors such as the repeal of net neutrality rules. Motherboa...

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UPDATE 2-Corporate tax breaks cost U.S. schools billions of lost revenue -report

reuters.com     4+ mon ago

(Reuters) - Corporate tax subsidies, in the spotlight again after Amazon.com Inc's (AMZN.O) secretive quest to find a site for its second headquarters, are costing American public schools big money, a...

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reuters.com     4+ mon ago

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