The T-Mobile / Sprint merger hasn’t created jobs — it’s cut thousands
by Jasmine Hicks from The Verge - All Posts on (#635PD)
T-Mobile has promised that the merger would be jobs-positive." | Illustration by Alex Castro / The Verge The Wall Street Journal reports T-Mobile's engineering and network operations teams are experiencing waves of layoffs, which have included managers and executives, on top of thousands of jobs eliminated by restructuring after the company merged with Sprint in 2020. T-Mobile execs promised then that the merger was all about creating new, high-quality, high-paying jobs, and the new T-Mobile will be jobs-positive from Day One and every day thereafter."
In April 2020, the companies had about 80,000 workers combined; however, as the Journal points out, T-Mobile's most recent annual report (pdf) said it ended 2021 with 75,000 full- and part-time employees.
Employees
As of December 31, 2021, we employed approximately 75,000 full-time and...