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Activists Protest AT&T's New Plan to Cut Labor Costs
News
December 12, 2019
Activists protested vulture hedge fund billionaire Paul Singer's plan to extract profits from AT&T by eliminating jobs and divesting critical assets.
CWAers Protest Paul Singer and Call for Billionaires to Pay Taxes
News
November 21, 2019
The protest took place ahead of a Manhattan Institute panel discussion Wednesday at noon on how the richest New Yorkers can fight new laws which would expand tenant protections.
Private Equity is Destroying Local News and Putting AT&T Jobs at Risk
News
November 21, 2019
NewsGuild-CWA President Bernie Lunzer submitted written testimony to the House Financial Services Committee for a hearing Tuesday on private equity.
AT&T Reports More Job Cuts, Massive Stock Buyback Plan
News
October 31, 2019
As part of this week's quarterly earnings report, AT&T revealed that it had cut employment by 5,950 jobs during the third quarter of 2019, bringing the total cuts at AT&T since the corporate tax cut went into effect in January 2018 to 33,778.
AT&T’s New Financial Plan Caters to Wall Street and Leaves Customers and Employees Behind
Press Release
AT&T unveiled a new three-year plan focused on boosting share prices. The company’s commitment to spend free cash flow on stock buybacks, appoint new directors to its board, and review its portfolio with an eye toward selling off parts of its business puts the concerns of a few wealthy shareholders above serving customers by investing in the network and its employees.