Originally posted by Rage.Of.Olympus
https://arstechnica.com/tech-policy/2018/01/comcast-fired-500-despite-claiming-tax-cut-would-create-thousands-of-jobs/[b]"The firings happened around December 15. On December 20, Comcast announced that, because of the pending tax cut and recent repeal of net neutrality rules, it would give "special bonuses" of $1,000 to more than 100,000 employees and invest more than $50 billion in infrastructure over the next five years.
"With these investments, we expect to add thousands of new direct and indirect jobs," Comcast said at the time."
It must be nice to be an ISP in the US. You're basically a super villain with immunity.
The $50 billion in investment to infrastructure takes into account their regular maintenance costs from what I can tell and they've already been given over $300 billion to invest by the government that they've pocketed.
Anybody who trusts an ISP to regulate itself is a flat out idiot. They'd sacrifice human beings if it was legal and earned them more profit. I did my undergrad COOP at a Telecom company before I knew better and was hypnotized by money. The people working there are borderline sociopathic when it comes to the bottom line and bonuses. And this was in Canada.
They made the employees they fired sign NDA's. Smh.
"The firings happened around December 15. On December 20, Comcast announced that, because of the pending tax cut and recent repeal of net neutrality rules, it would give "special bonuses" of $1,000 to more than 100,000 employees and invest more than $50 billion in infrastructure over the next five years.
"With these investments, we expect to add thousands of new direct and indirect jobs," Comcast said at the time.
We examined Comcast's investment claims in an article on December 21. As it turns out, Comcast's annual investments already soared during the two-plus years that net neutrality rules were on the books, and the $50 billion amount could be achieved if those investments simply continued increasing by a modest amount.
Comcast was one of the most active companies lobbying for lower corporate tax rates in 2017, Vox reported shortly before the tax changes passed in December."
Snake oil salesmen. Assume anything a large corporation fees you in the press is partially if not fully false. In capitalism, a corporation exists to maximize only profit, they'll lie, cheat and steal to do this. This is a fact.
"Comcast isn't the only company whose actions contradict statements that workers would benefit from the corporate tax cut. AT&T claimed that it would invest another $1 billion because of the tax cut and said that "research tells us that every $1 billion in capital invested in telecom creates about 7,000 good jobs for the middle class."
But as we wrote yesterday, AT&T is now laying off thousands of employees and is facing a lawsuit from a workers' union that is trying to stop the mass layoffs." [/B]
And now the FCC is trying to downgrade what constitutes "broadband" for people. But no, Net Neutrality won't affect people negatively. Not at all.
Good news for anyone besides maybe Surter I guess.
https://twitter.com/fightfortheftr/status/950428895131717633
You know what to do, call your local senator to save NN.
Originally posted by Rage.Of.Olympus
https://arstechnica.com/tech-policy/2018/01/comcast-fired-500-despite-claiming-tax-cut-would-create-thousands-of-jobs/[b]"The firings happened around December 15. On December 20, Comcast announced that, because of the pending tax cut and recent repeal of net neutrality rules, it would give "special bonuses" of $1,000 to more than 100,000 employees and invest more than $50 billion in infrastructure over the next five years.
"With these investments, we expect to add thousands of new direct and indirect jobs," Comcast said at the time."
It must be nice to be an ISP in the US. You're basically a super villain with immunity.
The $50 billion in investment to infrastructure takes into account their regular maintenance costs from what I can tell and they've already been given over $300 billion to invest by the government that they've pocketed.
Anybody who trusts an ISP to regulate itself is a flat out idiot. They'd sacrifice human beings if it was legal and earned them more profit. I did my undergrad COOP at a Telecom company before I knew better and was hypnotized by money. The people working there are borderline sociopathic when it comes to the bottom line and bonuses. And this was in Canada.
They made the employees they fired sign NDA's. Smh.
"The firings happened around December 15. On December 20, Comcast announced that, because of the pending tax cut and recent repeal of net neutrality rules, it would give "special bonuses" of $1,000 to more than 100,000 employees and invest more than $50 billion in infrastructure over the next five years.
"With these investments, we expect to add thousands of new direct and indirect jobs," Comcast said at the time.
We examined Comcast's investment claims in an article on December 21. As it turns out, Comcast's annual investments already soared during the two-plus years that net neutrality rules were on the books, and the $50 billion amount could be achieved if those investments simply continued increasing by a modest amount.
Comcast was one of the most active companies lobbying for lower corporate tax rates in 2017, Vox reported shortly before the tax changes passed in December."
Snake oil salesmen. Assume anything a large corporation fees you in the press is partially if not fully false. In capitalism, a corporation exists to maximize only profit, they'll lie, cheat and steal to do this. This is a fact.
"Comcast isn't the only company whose actions contradict statements that workers would benefit from the corporate tax cut. AT&T claimed that it would invest another $1 billion because of the tax cut and said that "research tells us that every $1 billion in capital invested in telecom creates about 7,000 good jobs for the middle class."
But as we wrote yesterday, AT&T is now laying off thousands of employees and is facing a lawsuit from a workers' union that is trying to stop the mass layoffs." [/B]
Remember when Surtur was being a smugphag over AT&T and Comcast giving some employees a 1,000 one-time bonus and making it a Trump win? Pepperridge Farm and Robtard remembers:
Originally posted by Surtur
Maybe an extra $1000 is "nothing" to you, but not to everyone. And it's a win pretty much within 24 hours lol. Like Trump jr. says: love it.And this is why I love these stories. Leftists will bend over backwards to downplay them and will just come off as petty sore losers. You are damned if you do and damned if you don't(because not screeching about this will lose a Dem credibility), which is a position Trump is usually put in. The optics: love it 🙂
I predict similar responses to every single story about this tax plan that paints Trump in a good light.
Originally posted by Ridley_PrimeSurtur is a joke tbh in this life and the next.
Good news for anyone besides maybe Surter I guess.https://twitter.com/fightfortheftr/status/950428895131717633
You know what to do, call your local senator to save NN.
Originally posted by Robtard
Remember when Surtur was being a smugphag over AT&T and Comcast giving some employees a 1,000 one-time bonus and making it a Trump win? Pepperridge Farm and Robtard remembers:
Lol, Comcast and AT&T weren't the only ones though. CVS created new jobs, more than one airline is giving out bonuses 🙂
Originally posted by Robtard
You were directly being a smugphag over AT&T and Comcast, sport. That happened. People tried to explain reality to you but you were too busy inhaling Trump's farts too listen.
Those were just two of the companies, more were mentioned, this is not the first time I've brought up CVS or the airlines. Anything else?
You really need to stop listening to your rightwing rag sites, their actual fakes news is why you often come off as a dullard.
Numbers bust the myth: There's no great exodus from California
Water is wet, the sky is blue and big telecoms suck.
Running a community broadband is incredibly easy and it would pay for itself many times over. Anyone in the field knows this. The technology is idiot proof at this point, a few dedicated employees in a town could accomplish it.