Report says that T-Mobile will layoff a substantial number of workers as soon as Thursday
36,000 employees in the U.S. While the DOJ has already approved T-Mobile's reverse merger with MetroPCS, the FCC hasn't and the agency has been petitioned by a coalition in Congress and by the CWA which warned Congress that the merger could lead to substantial job losses.
Since the resulting company after the merger will be traded publicly, T-Mobile will have to answer to public stock holders. This means keeping costs and headcount down. Previously the company was owned by German telco Deutsche Telekom which will own 74% of the combined companies after the deal closes.
source: SeattleTimes via TmoNews
2. InspectorGadget80 (Posts: 6408; Member since: 26 Mar 2011)
This is very sad man. Why they cant they let go of their high paying mngr instead
3. MartianMe (unregistered)
I agree with (quakan) 100%.
6. pholocity (Posts: 10; Member since: 13 Jan 2013)
What people don't realize is that Bellevue is bloated with people that no one knows what they do, they lived a great life up there with catered lunches and meetings upon meetings. I think the account for a third of the work force... So I'll just leave it at that
7. Mr.Mr.Upgrade (Posts: 425; Member since: 30 Aug 2011)
Like I said on the at&t bashing T-Mobile...post...by the end of this year if sprint and t mobile ..do not step their game up they will be done
10. -box- (Posts: 3784; Member since: 04 Jan 2012)
Nah, they're ok through this year.
Next year, though, with sprint shutting down its (that is, Clearwire's) WiMax, they're going to have a lot of p.o'ed customers who will have to get new LTE phones in areas there isn't LTE. And while they do offer unlimited, their speeds still suck, their phone selection is sparse, and their reception inside structures is still iffy.
T-Mobile has a stronger position: they're gaining customers, offer power rates if you don't subsidize your phone, unlimited, and while their phone lineup isn't as fleshed out (or glut) like AT&T's, being able to use any unlocked GSM device widens the available scope quite considerably. This merger will cement their strengths and add on LTE, more coverage, and more customers.
11. lsutigers (Posts: 723; Member since: 08 Mar 2009)
Sprint is keeping WiMAX alive through 2015 and their Network Vision / nationwide LTE deployment / 3G upgrades / Sprint Direct Connect deployment and HD Voice will be largely complete by the end of this year. There may be additional work to fill small coverage pockets through early 2014 and of course regular network maintenance. Sprint will also be deploying 800mhz LTE and voice to improve their coverage substantially.
I really don't see Sprint going anywhere, Network Vision is moving along and once the initial nationwide rollout is complete, they'll be working on LTE Advanced, VoLTE and Clearwire's deployment of 20x20 LTE which will be much faster than any other carrier.
Sprint is also expected to see substantial investment from Softbank, much like Verizon has with Vodafone and T-Mobile with DT.
13. hornetmx (Posts: 71; Member since: 12 Mar 2010)
Tmobile gaining customers you said????? Mmmmmm ok thats one way of looking at it. I know PA didnt post last quarter numbers for Tmobile, but gaining 50 000 customers is not great. I guess they arent losing customers at least. But they gained 500 000 prepaid so they are cannibalizing their own post paid ones (postpaid/contract tend to spend more on average). Verizon only added 2 mill contract customer.
I still think they will never be able to compete keeping their prices that low. At least it is good news for current tmobile customers as their prices will remain low. If they were to raise prices just a bit they would go back to losing customers. I believe they arent going anywhere but they will remain at the 4th.
9. appleDOESNT.com (Posts: 430; Member since: 19 Nov 2011)
Just like Sprint, the moment you go into bed with Apple, you get effed.. then the people who had jobs, who are totally innocent mind you, they get effed and lose the well being why?. Apple means evil in B.C. and it's true, when your lamely ridiculous margins only serve one company and everyone else loses their butts, people get laid off, companies close down. Apple as always is the root of all lameness. Tmobile gets apple and bam.. the rest in this story... more in my youtube video which is all true!
12. papss (unregistered)
Dude apple has nothing to do with this.. Lets keep the apple bashing where it belongs.. This is ONLY tmob fault