T-Mobile (TMUS) revealed on Thursday that it intends to fire 5,000 workers, or around 7% of its whole workforce, over the next five weeks.
T-Mobile’s layoffs follow months of major layoff notification from several technology companies, including Microsoft and Meta, as businesses struggle with an unstable economic climate.
Chief Executive Mike Sievert said in a letter to employees that was also filed with the Securities and Exchange Commission, “After this process is complete, I do not envision any additional widespread company reductions again in the foreseeable future.”
The company’s middle management layers will be reduced as a result of the reductions, according to CEO Mike Sievert’s message to staff on Thursday. The cuts would primarily affect corporate and back-office positions that are “primarily duplicative” of other responsibilities. Directly serving clients is not a concern for retail or “consumer care” employees, he said.
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