Thread regarding T-Mobile layoffs

They didn't have a choice

Look, micro moving to consumer put a majority of the revenue in a place that was and is to be driven through automation.

TMUS Global Services will then drive costs of operations and IT to 50% of its current cost structure (see MTUS India Jobs).

What was left was a COGS / SGaA supporting business/government that was unsustainable for a company who only sells 4 SKUS (Voice, nonVoice, IoT, HSI) and all other products were both unprofitable and not aligned to core pull-through.

And lastly, the business' ability to manage and account for both talent and performance put the business in a bind. Remove titles, cut teams, throw the grenade...and hire back after the dust settles.

Stock needs to have the support to get back to 225+ and it wasn't in the current playbook or operations.

I lost my entire team, many were uber talented and new and contributing. But nobody in the business was able to account for the talent. Its odd that talent management is no longer an asset.


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| 1841 views | | 6 replies (last January 21) | Reply
Post ID: @OP+1kff0wqbz

6 replies (most recent on top)

@a7 agree with you on the principles and the prediction, however there's one glaring thing about publicly traded companies that's almost always rung true: Their A1 primary goal is to always increase shareholder value, period. CEO's exist primarily to deliver this expectation, regardless of whatever poetry they or anyone else uses to hint otherwise.

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Post ID: @dn+1kff0wqbz

@OP Looks like you are trying hard to justify today's layoffs. Your entire team got laid off and you were retained? Your bootlicking skills are working for sure.

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Post ID: @af+1kff0wqbz

@OP Has leadership taken pay-cuts or at least halted bonuses? These are steps that are supposed to be taken first or at least simultaneously. Instead it has been quite the opposite over the past few years of sustained layoffs. Those folks have just made more money. Job creators day one and beyond all right…

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Post ID: @a8+1kff0wqbz

I understand what you’re saying, but one T-Mobile reaches the point where they can longer trim the fat just to pump stock, they will quite literally be sc--wed. Companies shouldn’t resort to these kinds of cuts just to make stock cuts. It proves that the company can no longer innovate or offer enough to switch over customers.

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Post ID: @a7+1kff0wqbz

@OP I see you’re a good boy. Way to cheer on a company as they lay people off. Crazy work.

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Post ID: @a6+1kff0wqbz

I look forward to the day these cuts end up haunting them

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Post ID: @a4+1kff0wqbz

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