The big picture: Companies whose employees didn't benefit from tax cuts

Donald Trump.
Photo: Andrew Harrer-Pool/Getty Images

President Trump said in April the Republican tax cuts are "giving [companies'] workers thousands and thousands of dollars of bonuses — something that we never really expected."

Yes, but: Not everyone could. While a number of companies announced bonuses for their employees, several still terminated hundreds of positions. Vox reported on Tuesday this is indicative of a pattern: "[C]ompanies profit, shareholders reap the benefits, and workers get left out."