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  • Company that wanted its workers’ stimulus checks apologizes for ‘ill-advised’ plan

    03/31/2020 7:13:19 PM PDT · by Zhang Fei · 46 replies
    WLNS ^ | Posted: Mar 31, 2020 / 11:58 AM EDT / Updated: Mar 31, 2020 / 11:58 AM EDT | Jody Barr
    AUSTIN (KXAN) – The company behind a plan last week to cut some of its employees’ pay checks if the $2-trillion COVID-19 stimulus bill was approved has now changed its mind. The plan would’ve allowed the company to reduce paychecks by the amount of stimulus payment expected from the government. The company wanted those workers to sign what it called its “Employee Emergency Compensation Fund.” The agreement would have also allowed the company to take 50% of the stimulus act’s $500 per child credit. A worker who asked that we not identify him provided KXAN a copy of the letter...