TMO employees are safe until the end of the year. Stop all the lies about layoffs and get to work. 100% facts
No Layoffs!!!
So Fresh and so clean....
12 replies (most recent on top)
I was hoping Amanda Howell from PMO would have been canned. Yeah, I’m calling her out. But Rick Chandler probably saved her a-s and put her into Product.
Post ID: @1jot+1tSOTK5s
Since when did Verizon become owned by a German entity? They're still the largest by subscriber base.
@1jot+1tSOTK5s, great question. Short answer, as a "Constitutional Republic", we entrust our elected representatives to govern these types of activities according to the enacted laws. The Voicestream and Deutsche Telekom merger was announced on July 24, 2000, and completed on June 1, 2001. Very interesting to see the Voicestream numbers from 24 years ago, in the Deutsche Telekom SEC Form 425. Some good legal papers discussing the acquisition.
(1) Wikipedia. (2024, July 29). T-Mobile US. Retrieved August 9, 2024 from, https://en.wikipedia.org/wiki/T-Mobile_US
(2) SEC. (2000, July 24). Deutsche Telekom Form 425. https://www.sec.gov/Archives/edgar/data/946770/000095012300006755/e425pdf.pdf
(3) CNN Money. (2000, July 24). DTel dials up VoiceStream. https://money.cnn.com/2000/07/23/deals/voicestream/index.htm
(4) CNN. (2001, May 31). Telekom ties up U.S. deal. https://edition.cnn.com/2001/BUSINESS/05/31/dtelekom/
(5) Duke Law Scholarship Repository. (2001, February 28). Deutsche Telekom and Voicestream Merger: Charting a New Regulatory Course. https://scholarship.law.duke.edu/cgi/viewcontent.cgi?article=1003&context=dltr
(6) Sidak, J. Gregory. (2001). Acquisitions by Partially Privatized Firms: The Case of Deutsche Telekom and Voicestream. https://www.repository.law.indiana.edu/cgi/viewcontent.cgi?article=1285&context=fclj
How is it even possible that the largest telecommunications company in the U.S. is owned by a German entity? Isn’t this a National Security risk?
Exactly. The company is doing “the best it’s ever done;” yet employees are let go on a whim, they can’t afford to keep fruit in the lunchroom, while executives rake in millions. Greed, plain and simple.
“Two teams made up of 7 Nothing unusual or scary about that.”
Why is this being normalized? Are people under the illusion that they are somehow safe because they are doing it again in smaller doses? Unless you’re an executive making bank and not living above your means, you should all be concerned because you’re simply a number, no matter your position or performance.
SLT is impacting people’s livelihood on what is now a regular basis. If the company was in a bad position I’d have a little empathy for Mike and his team. How these folks sleep at night is beyond me.
That's not true. We already know they have requested volunteers for separation in the PMO org and, they just laid off 2 teams in marketing.
Post from TheLayoff.com
What teams were eliminate last week
Two teams made up of 7 Nothing unusual or scary about that.
The same way they can lie to congress promising net positive job growth to get the merger done and do the very opposite.
Oh, you're mistaken. Two entire teams were eliminated last Thursday in TFB.
Company makes 100% of its revenues by operating in the U.S. as one of the big 3 carriers.
They then lay off U.S. workers, replace them with foreign workers, and send the profits to Germany and Japan.
How is this legal?