Donald Trump Brings In Charter CEO To Help Curb Employment In The US
By Jai S. | Mar 25, 2017 06:46 AM EDT
The dangling fate of the Obamacare repeal, for which the voting is scheduled for Friday, is still tentative. Meanwhile, President Donald Trump has made a recent announcement talking about employment. President Trump stated, while accompanied by the Charter Communications CEO in the Oval Office, that he is excited about the new $25 billion investment commitment with the company.
According to CNN, Charter Communications is ready to invest a sum of $25 billion in technology and broadband infrastructure in the upcoming four years. Further updates on the company's commitment comprised of employment of 20,000 more Americans in those four years. Furthermore, the company promises to reinstate all overseas BPO centers and build a new one in Texas.
Charter Communications CEO, Tom Rutledge, had noted in 2015 that the company would need to increase the workforce by 20,000 more employees if it is planning on a cohort with Time Warner Cable (which it did) and acquiring Bright House Networks. This report was again repeated by a Charter official in April 2016. With the FCC's approval of the deal in MAY, 2016, Rutledge has given the green signal to hiring 20,000 employees in the upcoming three years.
Charter Communications was further noted to commit on their hiring plans. The company stated that they have a plan on the hiring aspects, but it was not a commitment before. Now, they have officially declared their commitment through the announcement held at the Oval Office with President Trump declaring the news.
If things go well this could lead to new opportunities for the US people. President Trump had already noted that if things do not go well with the Obamacare repeal, which was their first priority, he and his Republican team will move towards other matters for governing the country. Employment for the American citizens is one of those plans on which he is implementing.
Elon Musk's New Company Neuralink Plans On Improving Humans By Connecting Brains To Computers
Sears Puts Almost Everything On Sale; Fuels Bankruptcy Speculations
Samsung Reveals Plans To Sell Refurbished Galaxy Note 7
Uber’s Self-Driving Cars Are Back On The Road After Arizona Crash
Tesla Is Gearing Up To Crush Best-Selling Luxury Sport Sedans With The Model 3
Amazon Is Reportedly Planning To Open Augmented Reality Furniture And Appliance Stores
Lyft Will Allow Riders To Donate To Charity Through Its Round-Up Program