AT&T
AT&T Inc. (NYSE: T) is not only the second largest wireless carriers in the U.S., but among the top pay-TV providers as well. The communications giant was one of the first companies to announce one-time employee bonuses tied to recently enacted tax legislation, saying the move would "create good-paying jobs." What makes this particularly ironic is that soon after, the company began notifying an estimated 4,000 employees that they would be laid off.
The telecom giant is being sued by the Communications Workers of America (CWA), a union that represents some of the employees. In a court filing, the group said that AT&T is "instituting an unprecedented massive layoff of employees … while at the same time massively subcontracting work that the employees are trained and qualified to perform." Author: Danny Vena | March 30, 2018