It strikes me odd that the CEO, who just received a 5-year employment contract extension, is the same person announcing a 7% or nearly 5000 person layoff. I understand the C-suite operates by very different rules. But it still rings hallow given that every quarterly meeting we see the execs telling us how GREAT things are going, what FABULOUS opportunities lie in front of us, and the GROWTH path we are all on.
At the last meeting, someone asked why aren't people more engaged like the presenting executives are at the quarterly meetings. I'll bet people would be a lot more positively engaged if we all earned multiple millions every year like everyone on stage. It is a lot easier to have no anxiety when a mortgage, tuition, and healthcare costs are not top of mind. People just don't trust the smiling and laughing execs anymore when they say everything is going so well! And for good reason, since soon T-Mobile will layoff thousands of our colleagues.
So at the next meeting when these same executives say how awesome everything is going, dutifully smile and clap. But remember that we are all family at T-Mobile...until we are not.