WASHINGTON, March 16 -- Sen. Elizabeth Warren issued the following press release:
U.S. Senator Elizabeth Warren (D-Mass.) wrote to the CEOs of Amazon, Home Depot, Meta, Microsoft, Nike, Target, UPS, and Verizon, slamming them for their recent mass layoffs despite having strong earnings and financial positions. In particular, these corporations have benefitted from massive tax cuts and other Trump administration policies but have not passed those benefits on to their workers.
"The sequence of events regarding these layoffs - which come after your company enjoyed huge tax breaks from President Trump's tax law and earned massive profits last year - raises questions about the rationale for the job cuts, and whether they represent another exam...