Crumbs. Has anything like this happened under any Democratic president, millions getting benefits directly attributable to actions? Answer: no.
Via Star Tribune:
Best Buy is the latest major corporation to hand out worker bonuses and to make additional charitable donations as a result of the recently passed corporate tax cuts.
In a letter to employees Friday, CEO Hubert Joly said full-time workers will receive a one-time bonus of $1,000 and part-timers, $500.
All permanent employees who are not on an existing bonus plan will receive the additional funds. The bonuses will show up in workers’ paychecks this month.
In all, more than 100,000 of Best Buy’s 125,000 employees in the U.S., Mexico and Canada are expected to receive the extra cash.
In addition, the Richfield-based retailer is making a one-time contribution of $20 million to the Best Buy Foundation to help further expand its teen tech centers and Geek Squad academies across the United States. A portion also will be used to create a nationwide employee volunteer program aimed at teenagers and technology.