Some Companies Are Laying Off Employees Amid Tax Cut Savings

Companies like Kimberly-Clark, Comcast, AT&T and Walmart are laying off employees following savings from the new tax law.

[faizanjoyia]

They should only give tax cuts to companies that hire more people to increase productivity

[CuriousMind]

Thanks for the more rounded view, to let people know that it isn't all roses

[CuriousMind]

We can call these bonuses "one-time good will purchases". Meaning that companies that are saving a crap load with lower taxes, convince people that they are the ones winning by giving them a tiny increase compared to the overall increased profits. So good yes. As good as it is trying to be portrayed as, no.

[lagnafirby]

Kimberly-Clark was going to lay off anyway they do this every few years. the more machines they get the less people they need. And before you say anything I know many of people that have worked there and still work there.