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Business & Technology

Warren Calls On AT&T To Reject Plan: Will Cost Jobs

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Warren Calls On AT&T To Reject Plan: Will Cost Jobs

2019-10-10 16:41:34

WASHINGTON (Reuters) - U.S. presidential candidate Elizabeth Warren called on AT&T Inc to reject an activist investor plan she said would lead to job cuts, staking out a different position than President Donald Trump who has cheered the investor’s involvement. FILE PHOTO: Democratic presidential candidate Massachusetts Sen. Elizabeth Warren attends the SEIU's Unions for All summit in Los Angeles, California, U.S. October 4, 2019. REUTERS/Eric Thayer/File Photo In a Twitter post on Thursday, Warren said she sided with union workers at the telecommunications and media conglomerate, who have criticized a plan submitted last month by AT&T activist investor Elliott Management Corp to boost the company’s profits.

 

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