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The T-Mobile/Sprint merger didn’t create jobs — it cut thousands of jobs

The Wall Street Journal T-Mobile’s engineering and network operations teams, including managers and executives, are reportedly facing a wave of layoffs, on top of the thousands of jobs eliminated through restructuring after the company’s merger with Sprint in 2020. T-Mobile executives assured then that the merger was “about creating new, high-quality, high-paying jobs and that the new T-Mobile will be job-friendly from day one and every day thereafter.”

In April 2020, the companies had a combined workforce of around 80,000; However, as Journal T-Mobile’s most recent annual report (pdf) ended 2021 with 75,000 full- and part-time employees.

employees

As of December 31, 2021, we employed approximately 75,000 full-time and part-time employees, including network, retail, administrative and customer support functions.

Company spokesperson said Journal The layoffs were “part of continuing organizational changes over the past several months” without saying exactly how many jobs were cut or if more layoffs would be in the future.

T-Mobile said the post-merger company would hire at least 11,000 additional workers by 2024, but so far the opposite appears to be happening. Soon after the merger, T-Mobile announced a layoff plan that would affect “hundreds” of former Sprint workers. Since then, T-Mobile has canceled Sprint’s LTE network and switched Sprint customers to T-Mobile as the company plans to use its wealth of PCS spectrum to transmit cellular signals from satellites.

Meanwhile, Dish Network’s Genesis 5G service, which should offer new competition, is still hard to find. Elsewhere in the industry, other carriers are also facing layoffs. In early August, CNET T-Mobile, along with its competitor Verizon, has reported that it is laying off employees to meet business needs.

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