Comcast, AT&T Plan $1,000 Bonuses for Some Employees in Response to Tax Cut Bill's Passage
Comcast said it will provide “special” $1,000 bonuses to more than 100,000 of its “eligible frontline and non-executive” U.S. employees in response to Congress' passage of tax cut legislation and the FCC's vote earlier this month to rescind its 2015…
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net neutrality rules (see 1712140039 and 1712200030). Comcast's Wednesday announcement followed AT&T's announcement that it will provide $1,000 bonuses to more than 200,000 U.S. employees and increase its spending by $1 billion in 2018 in response to the tax cut. Comcast said it also plans to “spend well in excess of $50 billion over the next five years investing in infrastructure to radically improve and extend our broadband plant and capacity.”