Can the company even afford to lay people off anymore. It seems we're consistently losing high performing employees through attrition, and we're not getting backfill for the positions. I can't imagine my department running any "leaner".
16 replies (most recent on top)
Hopefully it’s the Change Management team. Total waste.
Plenty of forms to fill , hours of meetings - just to deploy code. Devs need to get permission from clueless offshore contractors. Asinine!
There's still plenty of places to hide: EVP, SVP, VP, Sr. Director, Director
Yes. After last year there is nowhere for some people to hide any more and they need to go.
Post ID: @3cyk+1stqGTw4
Layoffs should start with Illegals, followed by H1B's, followed by green card holders.
Regardless of race.
Layoffs should commence with whoever keeps blowing up the microwave 3rd floor building 3 at lunch with their lunch bowls festooned with smelly squishy squiggly bits leaving behind a foul odour only a vulture would appreciate. These peoples eat tallow for lunch.
In the thread “https://www.thelayoff.com/t/1srEZBel”, Post ID “@1yxq+1srEZBel” suggested that the target employee count is the pre-merger 53K. T-Mobile employee count appears to be trending toward the 53K number. Free Cash Flow is trending in the right direction.
On the T-Mobile Investor Relations page, at the top, from the “Financials” dropdown menu, select “SEC Filings”. On the “SEC Filings” page, select “Year” (10-K Filing Year), and “Filter filing type” is “Annual Filings”.
https://investor.t-mobile.com/financials/sec-filings/default.aspx
T-Mobile Form 10-K approximate employee counts at the end of the fiscal year. Included Merger significant dates.
12/31/2024: ?
12/31/2023: 67,000
12/31/2022: 71,000
12/31/2021: 75,000
12/31/2020: 75,000
04/01/2020: T-Mobile Completes Merger with Sprint
https://www.t-mobile.com/news/un-carrier/t-mobile-sprint-one-company
12/31/2019: 53,000
12/31/2018: 52,000
04/29/2018: T-Mobile and Sprint to Combine
https://www.t-mobile.com/news/press/5gforall
12/31/2017: 51,000
12/31/2016: 50,000
12/31/2015: 50,000
12/31/2014: 45,000
12/31/2013: 40,000
Sprint Historical SEC Filings
https://investor.t-mobile.com/financials/Historical-Sprint-SEC-Filings/default.aspx
Morningstar Website
https://www.morningstar.com/stocks/xnas/tmus/financials
There absolutely can(and will) be more layoffs. They will get to what they were at before the sprint buy, if not less.
The new location requirements don't help. No one is going to relocate for a company that just laid them off.
I didn’t know the lord handed out jobs at the unemployment office. I’ll let people still looking for work know so they’re fully protected.
To the naysayer in the last comment. If you truly believe there won't be layoffs and you trust in God. Why are you even checking these boards?
um ok...first layoffs were January, then February, then March, then April, then May and now pushed out to June. Why don't you stop worrying about the future and put your faith in The Lord to protect your job.
Oh, there WILL be more layoffs , and they will be in the field. That will be followed by engaging contractors to do that work. Field manager positions will be reduced with one to two per Area to manage the contractors. The goons at the SLT level want a new Sprint and they’ll keep their jobs. Coming in June folks; stay tuned.
I love how much you purged humans keep sticking around after getting the shaft!
MOVE ON! Get a job at Wendy's making chilli for those of us that are worthy.
Our lower cost and greater scale will allow us quite simply to supercharge the un-carrier strategy and bring even more competition to this market.
Their only love for employees is to give them the high hard one as they escort them out the door.
The company doesn't care. Don't let the talk about valuing employees and recognition fool you. They don't need you and can get rid of you in a second after years of loyalty. Several peak achievement winners were laid off in the last couple of years. They answer to shareholders, that's all. Employee satisfaction and health don't matter to them. They tell you to love our customers... How about loving their employees? Nope!