Apple Gives Employees $2,500 Bonuses After New Tax Law

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Apple told employees that it’s issuing a bonus of $2, 500 of restricted stock units, following the introduction of the new U.S. tax law. “The iPhone maker will begin issuing grants to most employees worldwide in the coming months, ” reports Bloomberg. Apple also announced today that it would bring back most of its cash from overseas and spend $30 billion in the U.S. over the next five years. From the report: Apple confirmed the bonuses in response to a Bloomberg inquiry Wednesday. The Cupertino, California-based company joins a growing list of American businesses that have celebrated the introduction of corporate-friendly tax law with one-time bonuses for staff. AT&T, Comcast, JetBlue, and Wal-Mart also said they were giving bonuses. Read more of this story at Slashdot.

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Apple Gives Employees $2,500 Bonuses After New Tax Law

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