AT&T will begin to layoff and fire more than a thousand workers starting early next year, according to local reports.
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The announcement came days after the New York Post reported that the company "pink-slipped more than 700 DirecTV home installers.".
"How can you lay people off and then give them $1,000 and say that there’s going to be more jobs available?
Randall Stephenson, CEO of AT&T, said in a statement that the GOP's tax bill would improve the country's economy and the company's financial prospects.
This tax reform will drive economic growth and create good-paying jobs,” AT&T chief executive Randall Stephenson said, according to CNBC.
Last year, senior executives at AT&T told The New York Times that "shrinking the [company's] workforce by 30 percent is not out of the question.". »