On 12/20/2017 5:51 PM, Keyser Soze wrote:
On 12/20/17 5:15 PM, Mr. Luddite wrote:

... have announced employee bonuses and/or other employee benefits
as a result of the passed Tax Cut and Jobs Act.


200,000 employees will each receive a $1,000 bonus at AT&T.

(It's a bit unusual for a public company to do this as the fiduciary
responsibility of management and the Board of Directors is to the
shareholders, not necessarily the employees.Â* Good call, AT&T !)

AT&T also committed to investing a billion dollars in the USA in 2018.

"Employees of the No. 2 U.S. wireless carrier who will receive the
bonus are all “union-represented, non-management and front-line
managers,� AT&T said in a statement. The company has more than 250,000
employees in all. A person briefed on the matter said the bonuses will
cost the company about $230 million."

Â*Â*Meanwhile, at Boeing:

"Aerospace company Boeing Co (BA.N) also said on Wednesday it would
invest $300 million in workforce training and facilities enhancements
for employees as its CEO lauded the tax bill."

The two announcements gave at least some support to claims by Trump
and fellow Republicans that their tax bill, which cuts the corporate
tax rate to 21 percent from 35 percent, would lead to more investment
by U.S. companies.

https://www.reuters.com/article/us-usa-tax-companies/att-says-to-pay-bonuses-invest-1-billion-once-tax-reform-signed-idUSKBN1EE2NB




How big are the "management" bonuses?

The article did not mention anything about management bonuses.

I'll quote again from the article:

"Employees of the No. 2 U.S. wireless carrier who will receive the bonus
are all “union-represented, non-management and front-line managers,�
AT&T said in a statement."