The Board of Directors meets in June or early July. They are briefed on financials and forecasts for Q3 and Q4. Decisions are made at the highest level. No names - just financial targets.
Then it trickles down in July, and by late July or early August your VP or Director is forced to make decisions that may include stopping programs, laying off people, or both.
How many? My guess is 3,000 to 5,000.
Anticipate it. We are a data utility now. YoY Quarterly Revenue growth has been flat before the recent price increases to Customers.
Peter/CFO will continue his march to dramatically improve Free Cash Flow (FCF) between 2022 and 2026, which is good for the financial health of TMUS and also props up the cr-ppy Balance Sheet of our Daddy Deutsche Telekom (DT).