US fossil-fuel companies took billions in tax breaks – and then laid off thousands

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Figures show 77 companies received $8.2bn under tax changes related to Covid relief and yet almost every one let workers go

Fossil-fuel companies have received billions of dollars in tax benefits from the US government as part of coronavirus relief measures, only to lay off tens of thousands of their workers during the pandemic, new figures reveal.

 

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This article does not mention that none of these tax breaks were conditioned on these corporations keeping employees.

six_of_12 🖕

😱

I don't understand why the relating receiving 1m dollars per job lots, the money would remain the same regardless of job losses so if they only made 1000 people redundant it would be 2million per job loss. If they didn't get money maybe it would have been 20k losses

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They also took their share of $1.3 trillion dollar welfare check meant to pay those workers and pocketed the cash. GeneralStrike DestroyGOP

Rhymes with the plural of anchor and starts with a W.

Probably forced to shut by crappy Democratic policy.

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