CWA Says AT&T Cut 10,700 Union Jobs in 2018, Despite 'Windfall'; Telco Cites Hiring
The Communications Workers of America said AT&T scrapped 10,700 union jobs in 2018, despite receiving "an unprecedented windfall" from the 2017 Tax Cuts and Jobs Act. "AT&T lobbied aggressively in favor of the tax cuts" and promised "to create thousands…
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of jobs should the bill pass" but cut more than 16,000 call center jobs in the past seven years, CWA reported Monday. Though profit more than doubled to $29.5 billion in 2017, and the carrier expects a $3 billion annual increase starting in 2018 due to tax cuts, it "plans to spend just $1 billion more on capital projects and pay a bonus of merely $1,000 to its employees" totaling $200 million, CWA said. The company continues "to invest in good middle-class careers in areas where we’re seeing increasing customer demand for our products and services. We’ve hired 87,000 people in the U.S. in the last three years alone, we hired over 17,000 people in the U.S. in 2017 and we hired nearly 19,000 people in the first 11 months of last year," a spokesperson said. "Most of our union-represented employees have a job offer guarantee that ensures they are offered another job with the company if their current job is eliminated."