I feel it's inhumane to put us through this again and again instead of getting it over within a single week, if not a day.
9 replies (most recent on top)
Don't kid yourself, Sprint was purchased only for the spectrum it had. We did get some good people, but the majority needed to go, but were held on by the merger agreement and bad contractual agreements by Spr.
Nowadays companies use continual layoffs as a means to weed out poor performers.
In T-Mobile's case it appears to be trimming the ranks post T-Mobile/ Sprint merger, which was a deal that never should have happened. It was based on many false promises by T-Mobile including employment growth.
"Layoffs are supposed to be the last lever pulled when all else has failed. That doesn't seem like a realistic assessment of where we are as a company."
This is somewhat true under normal circumstances. Not true after two major companies that do the same thing get combined. There is way too much overlapping positions. It's the ugly side of mergers, it totally súx.
Headcount in 2021: 75,000
Headcount in 2022: 71,000
Headcount in 2023: 66,000 (and probably less)
Headcount in 2024: unknown, but it won't be increasing.
The trend is your friend. Act accordingly.
Right, because this is a proactive approach fueled by greed.
Layoffs are supposed to be the last lever pulled when all else has failed. That doesn't seem like a realistic assessment of where we are as a company.
It's not the companies fault. It's the economy. Inflation is high and Fed wants to see unemployment increase so fewer people have money in their pockets for demand of goods to decrease and prices can ease if inflation decreases. But in the end, we will end up having a deep recession and inflation will sky rocket as oil prices continue to increase. Listen to Jeremy Grantham. The bubble is slowly starting to pop.
I agree with the last commenter.
It’s going to continue. They lied to my face last year about that being it and I felt comfortable. Got back to business and enjoying life without a care in the world. Now I’m staring at an “org update” in my email.
I feel stupid and that I’ve let my family down by not preparing and/or moving on to some other place in that year.
It will never be over. This will continue quarter after quarter. They're going say that there aren't any more layoffs planned and that you are the people chosen to move the business forward like they said last year. Until the next one. Then the one after that. In Sprint perpetuity.