The US mobile phone operator T-Mobile announced on Thursday the loss of almost 5,000 jobs in the United States in five weeks, that is, almost 7% of its workforce, within the framework of a reorganization that implies greater “centralization “.
The operator’s boss, Mike Sievert, warned employees by email, saying the cut positions were mainly in administrative services and were “mostly duplicates.”
Attract and retain customers
According to him, this will lead to an expansion of the responsibilities of certain management positions and a reduction of hierarchical levels. As a result, some 5,000 jobs will disappear, he said.
“What it takes to attract and retain customers is substantially more expensive than it was a few quarters ago,” he said.
T-Mobile said in a statement to the SEC, the US stock market watchdog, that it would take a $450 million pre-tax charge to its third-quarter results. However, the company confirmed its objectives for the financial year 2023.
As of June 30, the group had 116.6 million customers. It had second-quarter revenue of $19.2 billion and net profit of $2.22 billion, according to its website.
Source: BFM TV
