AT&T $1,000 tax bonus came after exchange with union head - KMOV.com

AT&T $1,000 tax bonus came after exchange with union head

Posted: Updated:
AT&T Mobility LLC has been hit with a $100 million fine for offering consumers "unlimited" data, but then slowing their internet speeds after they hit a certain amount. (Source: CNN) AT&T Mobility LLC has been hit with a $100 million fine for offering consumers "unlimited" data, but then slowing their internet speeds after they hit a certain amount. (Source: CNN)

By JOSH BOAK
AP Economics Writer

WASHINGTON (AP) - After an exchange between AT&T's CEO and a union representing its workers, the company says it took steps to pay workers a $1,000 bonus in response to President Donald Trump's tax cuts.

The Communications Workers of America had pushed AT&T last month to guarantee workers would receive the $4,000 raise that White House economists said would be the result of the corporate tax cuts.

AT&T CEO Randall Stephenson said in a phone call with the head of the union that company couldn't do the $4,000 raise but was considering a $1,000 bonus to union and non-union employees.

That's according to company spokesman Larry Solomon, who said AT&T then gave a quick heads up to members of Congress and the White House right before it announced the bonus Wednesday.

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by Frankly