mostlysignssomeportents:

The same year that Trump’s FCC Chairman Ajit Pai killed broadband privacy and cheated Network Neutrality to death, the Trump tax plan delivered a $20B windfall to AT&T – both Trump and Pai claimed that the measures would stimulate the economy and trickle down to the rest of us.

Now, AT&T is saying thank you to America by prepping mass layoffs in ten of its operational hubs in New York, California, Texas, New Jersey, Washington State, Colorado, Georgia, Illinois, Missouri, and Washington, DC. They’ve also cut investment in broadband rollout.

Despite some saber-rattling, Trump also let AT&T merge with Time-Warner.

The billions Trump gave to AT&T are being used for stock-buybacks, executive compensation, and paying off debts from previous ill-advised mergers.

Last month, Verizon killed 10,000 jobs after pocketing billions in tax-breaks.

https://boingboing.net/2019/01/08/the-best-deals.html