So guaranteed these are the remainder of the Sprint folks that were acquired about a year past.
It criticized economists who predicted T-Mobile would have to cut jobs.
I mean, it’s obvious it would, acquisitions of a rival company always mean layoffs, by default. You don’t need two separate teams who handle the same thing, some teams may need to expand, but a huge amount of people are redundant by definition. (For example, customer service may absorb some more roles to cover the new customers, but you aren’t going to keep the director of customer service from sprint, you already have your own)
Also here in WA state 60 days is mandatory severance for layoffs. So don’t get any feelings that TMobile is being kind, they’re just following our laws around layoffs here. They’d pay less if they could.
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T-Mobile is laying off 5,000 employees, or about 7% of its workforce, the company announced Thursday.
Impacted roles are ones that are “primarily duplicative to other roles, or may be aligned to systems or processes that are changing, or may not fit with our current company priorities,” T-Mobile CEO Mike Sievert said in a letter to employees.
Sievert said he does not anticipate additional widespread layoffs in the “foreseeable future.”
Sievert said it costs more money to attract and keep customers than it did in the past few quarters and that the layoffs will help the company streamline its operations.
Laid off employees will receive severance pay based on their tenure, along with at least 60 days of paid transition leave.
In 2019, T-Mobile merged with Sprint and said the move would provide 11,000 new jobs by 2024, which the company called not a goal, but a fact.
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