T-Mobile conducts layoffs as it prepares to complete Sprint merger
T-Mobile has laid off a number of employees within its Metro by T-Mobile prepaid business. The extent of the layoffs is unclear. The Communications Workers of America (CWA) union expects more layoffs after the merger is completed. The union said that the merger approval "will put 30,000 jobs at risk." "Wall Street analysts project that the merger will result in massive job cuts from the elimination of duplicative retail stores," the CWA wrote. "When pressed on the issue at a Senate hearing [in June 2018], T-Mobile CEO John Legere conceded that 'there'll be a rationalization of jobs in the first year'—a corporate-speak admission that the merged company plans to lay off thousands of workers." The CWA analysis identified 11,800 prepaid jobs at T-Mobile and Sprint that could be eliminated, along with 13,700 jobs in the companies' postpaid businesses and another 4,500 at their headquarters. The analysis was conducted before the merger plan was altered to divest Sprint's prepaid business to Dish Network, which could limit job cuts.
T-Mobile conducts layoffs as it prepares to complete Sprint merger