A telecommunications giant that touted bonuses connected with a tax overhaul law is also laying off hundreds of workers, according to news reports.Dallas-based AT&T is laying off hundreds of workers, according to news reports. Citing anonymous sources, the Chicago Tribune said about 600 workers from retail sales clerks to satellite technicians were notified of the layoffs last week.Marty Richter of AT&T said the company is adding employees where there's high customer demand and adjusting its workforce under services in decline. The company refused to identify numbers and locations."Many of the affected employees have a job offer guarantee that ensures they'll be offered another job with the company," Richter said in a statement.On Wednesday company reps said 200,000 workers would receive $1,000 bonuses if the president signed the tax overhaul legislation.AT&T Chairman and CEO Randall Stephenson described the change as “monumental” and said the tax reform “will drive economic growth and create good-paying jobs.”The company also said it would invest an additional $1 billion in the U.S.

A telecommunications giant that touted bonuses connected with a tax overhaul law is also laying off hundreds of workers, according to news reports.

Dallas-based AT&T is laying off hundreds of workers, according to news reports. Citing anonymous sources, the Chicago Tribune said about 600 workers from retail sales clerks to satellite technicians were notified of the layoffs last week.


Marty Richter of AT&T said the company is adding employees where there's high customer demand and adjusting its workforce under services in decline. The company refused to identify numbers and locations.

"Many of the affected employees have a job offer guarantee that ensures they'll be offered another job with the company," Richter said in a statement.

On Wednesday company reps said 200,000 workers would receive $1,000 bonuses if the president signed the tax overhaul legislation.

AT&T Chairman and CEO Randall Stephenson described the change as “monumental” and said the tax reform “will drive economic growth and create good-paying jobs.”

The company also said it would invest an additional $1 billion in the U.S.