US Politics in Trump era Public date: 19.05.2020 20:05:49

6 May 2020

Big companies are paying shareholders dividends and laying off thousands of workers

Since the coronavirus pandemic was declared, Caterpillar has suspended operations at two plants and a foundry, Levi Strauss has closed stores, and toolmaker Stanley Black & Decker is planning layoffs and furlough. While thousands of their workers are filing for unemployment benefits, these companies rewarded their shareholders with more than $700 million in cash dividends
Since the coronavirus pandemic was declared, Caterpillar has suspended operations at two plants and a foundry, Levi...

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