State attorneys general, the DOJ and FCC should cripple T-Mobile.
Prepare the mother of all consent decrees. Tens of billions in fines and take back spectrum, for starters. Punish the business, like the NCAA does to football programs that get caught cheating. And make examples out of the liars who defrauded the public and the government regulators by making them walk the plank and pay massive personal fines.
23 replies (most recent on top)
Sorry the feels wont win your argument. Legacy is leaving the building
"Some of you think you're interpreting Legere's original comments correctly, but remember, even a single ambiguous word leaves room for legal escape from being held to what you assumed was promised. His comments then were heavily screened by legal and T-Mobile's actions now underwent even more legal scrutiny. Nothing will happen to T-Mobile executivea and post-layoffs,"
You can keep saying that, you are WRONG. First of all your notion of some team of lawyers is laughable as I was well aware of EO interactions at that time. Nothing so formal then or later. Secondarily there is no interpretation possible that can refute this:
"So, let me be really clear on this increasingly important topic. This merger is all about creating new, high-quality, high-paying jobs, and the New T-Mobile will be jobs-positive from Day One and every day thereafter. That’s not just a promise. That’s not just a commitment. It’s a fact."
Even if you assume varied starting Day 1 numbers, the numbers from every day after are not net positive. Period. You lose. No lawyers or equivocation can enable that second promise in that statement.
"I'm glad T-Mobile has been able to put it off as long as they have."
What are you talking about it? They have been laying off for over a year now... almost as soon as the 2 years were up. This is just the first time Mikey manned up and sent an email.
These layoffs really, really, really su-k. The cuts are too deep and it's going to be difficult to execute as well going forward. That said, other large carriers have already laid off more employees this year than we ultimately will. This is an industry-wide problem. I'm glad T-Mobile has been able to put it off as long as they have. What's really happening is we're becoming just like the other companies and anyone who didn't see it coming is extremely naive, myself included.
How are customers getting screwed? 4 years ago the cheapest unlimited 4 line plan was $160. Now T-Mobile has it for $105. It’s much cheaper in nominal terms, even more so given inflation over the time period. The merger worked as expected for consumers.
Lololololol
Seems like there are some T-mobile planted folks to justify layoffs here..These layoffs are nothing but inhumane especially if you think this company is making record profits quarter over quarter
Some of you think you're interpreting Legere's original comments correctly, but remember, even a single ambiguous word leaves room for legal escape from being held to what you assumed was promised. His comments then were heavily screened by legal and T-Mobile's actions now underwent even more legal scrutiny. Nothing will happen to T-Mobile executivea and post-layoffs, the business will absolutely thrive. Key word being "business"...not it's employees.
I don't disagree the terms discussed during negotiations were/were not stated. But those negotiations? Were WITH T-Mobile. So who didn't do due diligence?
I will split the difference with you: they all knew, they all lied to get the deal done. Both sides. Then the "leaders" left with all the money. And here we are.
The actual state of Sprint, its contractual obligations, and its debts were significantly larger than stated during negotiations. We paid more for the spectrum than was promised and haven't been able to divest all the legally binding stuff Sprint agreed to which costs money and now more jobs.
Completely agree. The lack of transparency screams be happy you have a job. They don't care. The post reduction "we're all family pep rally's" will say get back to cult like behavior, wear some cheap swag, shut up. Sprinkled with a dose of passive bullying & name taking.
Some will sigh with relief because they survived. Totally get it. But that relief will be short lived because everyone knows enough good people that were impacted. The constant worry has been planted. Others will choose to move on. Most will stay and TRY to convince themselves tough times are over. Good luck with that.
Companies pretend they love you (for their benefit) until they don't. There is nothing spectacular about any of us. The worse thing to do is tell yourself there is, you're different. They don't care and never promised any of us happy ever after - they just need you to THINK they have. Until they don't want you.
Don't take it personally, it's business. Always do your best AND create or refine or execute on YOUR BE READY PLAN. Whatever that means. They have a plan. Take care.
"company officials later clarified that was not a promise to employ more people overall but a promise to employ "more people than the combined total of their separate workforces in a future scenario in which they didn't merge."
so basically the Back to the Future II alt timeline.
Pressure the senators and congress. Anything can happen. This company had so many data breaches, raised prices, and lowered head count. T-Mobile is acting like it’s forming a monopoly. They are screwing customers and employees alike. Sc--w TMO.
By what basis is it a technicality? You're being too clever and cute by half. You link a story that links a story that says 1 year later a T-Mobile spokesman retconned the promise saying it meant a hypothetical separate headcount. The original story rightly concludes it's bs, the new story quotes the old story like it was absolutely determined it was correct, which is just wrong. What Legere committed too was NOT that. His exact commitment is below in this thread, and it says the future days after Day 1 would be positive. They are not.
I posted that and I'm someone being impacted by layoffs. Not carrying water for anyone. What I'm saying is it's one of those technicalities. The "hypothetical" part was referring to this.
https://www.lightreading.com/aiautomation/t-mobile-us-went-to-alternate-future-to-keep-its-jobs-promise/a/d-id/786254
Better go to your chiropractors and get some PT for your back. Carrying so much water for the devious CEO can't be good for you. Oh, and he used the pandemic to totally sc--w people, too, since he threw a hissy fit after the Supreme Court mandate ruling. Keep puckering up and stay down on your knees, pal.
There is nothing hypothetical about it. Read the statement. The 2 companies had a quantifiable absolute combined headcount on Day 1. That isn't a projection or a hypothetical. The total headcount since Day 1 has been net negative for the majorjty of days after. Period. In absolute and conclusive violation of the below statement. Whether or not layoffs will happen in business is cute but not germane to the topic. It has not been jobs positive for every day after Day 1
The jobs promise was based on hypothetical predictions of what the two standalone companies would have had for employees had they not merged. Not a promise to never layoff anyone. They would not be doing this if they were at risk of action from the DOJ. Silly people. Of course there are layoffs after a huge merger.
You want a source, here's THE source from Legere directly.
"So, let me be really clear on this increasingly important topic. This merger is all about creating new, high-quality, high-paying jobs, and the New T-Mobile will be jobs-positive from Day One and every day thereafter. That’s not just a promise. That’s not just a commitment. It’s a fact."
The merger has not been jobs positive for most of the past 3 years. With the recent major layoff, it is substantially jobs-negative.
What lie and source? So I can disprove you.
No one is surprised that there are synergies and reductions after a merger. When you tell bald faced lies to sell it and get it approved, there must be severe consequences. People need to see accountability, more than ever.
John Legere said in a meeting in 2018 that this merger would cause synergies. If you don’t understand what that is then I’m sorry you failed.
For what exactly? Layoffs fu----g su-k, but so many have misinterpreted the jobs promise coming out of the merger. Nobody's coming after T-Mobile for this.