The cuts will largely affect corporate and back-office roles at T-Mobile, with some impact on technology roles as well.
T-Mobile US Inc. plans to cut nearly 5,000 jobs, or just under 7% of its workforce, the company announced Thursday.
“After this process is complete, I do not envision any additional widespread company reductions again in the foreseeable future,” Chief Executive Mike Sievert said in a letter to employees that was also filed with the Securities and Exchange Commission. “We’ve been out-running this trend by accelerating merger synergies, and building our high-speed Internet business faster than expected, and out-performing in a few other areas,” Sievert said. “However, it is clear that doing everything we are doing and just doing it faster is not enough to deliver on these changing customer expectations going forward.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mobile sets record high for day: As Alabama faces heat wave, more records likely to fallNational Weather Service warns that all time record highs possible.
Read more »
City of Mobile releases potential budget ahead of new fiscal yearThe city of Mobile released next year's potential budget Friday, the first after more than 19,000 new residents joined the city.
Read more »
The best mobile microphones for 2023Here’s a list of the best mobile microphones you can buy, plus how to pick the best one for your needs..
Read more »
2 more Mobile teens charged in shooting of 6-year-old left in critical conditionThe child 'needs prayer now more than he has ever needed,' police chief Paul Prine said Monday.
Read more »
World Mobile Taps SingularityNET to Introduce Blockchain-Based LoansThe mobile network operator will roll out the blockchain-based lending solution in three phases.
Read more »