AT&T: $1 Billion In Capital Spending And $1000 Bonuses For More Than 200,000 U.S. Employees (Win)

breitbart ^ | 12-20-2017 | John Carney

[blam]

AT&T plans to invest an additional $1 billion in the U.S. in 2018 and pay a special bonus of $1,000 to more than 200,000 U.S. employees once the Republican tax reform bill is signed into law. “If the President signs the bill before Christmas, employees will receive the bonus over the holidays,” AT&T said in a press release Wednesday.

The company said the bonus payments will go to union-represented, non-management, and front-line managers. In other words, the working men and women who President Donald Trump has promised will be helped by the tax reform bill.

(snip)

[Cedar]

“If the President signs the bill before Christmas, employees will receive the bonus over the holidays”

I was hoping President Trump would sign the bill TODAY. When will he sign it?

My bonus at work was not this much, so congrats to the AT&T employees.

[Cementjungle]

I was hoping President Trump would sign the bill TODAY. When will he sign it?

Either over the Christmas break (possibly at Mar a Lago) or right after the break. A lot of paperwork has to be done by the pencil-pushers before its ready for him to sign.

[chris37]

I’m not really sure cable/ satellite is a viable business model anymore.

At least not the way it’s being done.

It isn’t worth what they charge, and the actual product as in TV programs are pitiful.

9,000 channels of nothing.

[Cedar]

So that means the AT&T folks won’t get their bonus? I didn’t know in this day and age of computers that they couldn’t have it all ready for him to sign today. Wonder what has to be done? Guess I have no knowledge of the “paperwork” process.

[plain talk]

This might be a deal Stevenson made to help obtain political approval from the FCC for the acquisition of Time Warner. Although other companies did it as well. Nevertheless the timing is interesting.

Contrary to what some articles said this bonus is not limited to union employees. There are not 200K union employees in AT&T. 1st and 2nd level management also get these bonuses plus the union employees.

"It's people that make the difference. Little people like you."

[PMAS]

That’s why they need Time Warners content, so they can have their own streaming service like a Netflix - same reason Disney is buying 21st Century Fox’s studios and tv content.

[chris37]

Ah I see.

Thank you for that insight, I’m not very familiar with Time Warner.

[PMAS]

They own a ton - HBO, Showtime, CNN, and their studios produce a ton of TV shows, movies, video games.
https://www.warnerbros.com/

Right now its a war for content between all of the big players