Some companies added workers and raised wages, while others cut jobs.

Job creation accelerated across the economy this year, compared with 2017, including at several large companies that celebrated the tax cuts by expanding hiring plans. But strong growth has not spared the jobs of thousands of American workers at large companies.

After the law was approved, Apple promised to add 20,000 domestic jobs over the next five years, along with making other investments in the United States. So far, it is on track: It added 6,000 employees in 2018. (It also announced a $100 billion stock buyback program and a dividend increase worth $2 billion.)

Walmart increased its starting wage to $11 an hour, gave bonuses of up to $1,000 each for associates and expanded some benefits like parental leave. The wage increase amounted to $300 million more than the company had planned before the cuts. Its employment levels have not changed over the year.

Other companies have cut workers, even as they enjoy high profits and big tax windfalls. Bank of America gave bonuses of $1,000 last year, which it attributed to the law, and said this fall that soaring profits will spur a second round of bonuses. Its dividend recently jumped by 44 percent, and it has announced $20 billion in stock buybacks since the law passed.

Yet financial filings show it has cut 5,000 jobs this year, continuing a downward employment trend that dates to 2010. Technological changes, including a rise in mobile banking, have resulted in 100,000 jobs being eliminated during his time at the helm, Moynihan said this year.

Another bank that reaped billions from the cuts, Wells Fargo, said this fall it plans to reduce its workforce by up to 10 percent, citing changes in customer demands. Wells Fargo has announced $40 billion in stock buybacks since the law passed.

AT&T handed out $200 million in worker bonuses and contributed $800 million to its employee and retiree medical trust fund. It increased its dividend for the 35th straight year.

It also appears to be shedding employees. Officials at the Communications Workers of America, the union that represents