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T-Mobile will lay off 5,000 employees, or about 7% of its workforce, in the coming weeks, ETHRWorld


hr.economictimes.indiatimes.com | www.ETHRWorld.com

<p>T-Mobile estimated it will book a pre-tax charge of about $450 million in the third quarter related to the job cuts.<br /></p>
T-Mobile estimated it will book a pre-tax charge of about $450 million in the third quarter related to the job cuts.

NEW YORK – Wireless carrier T-Mobile said Thursday it plans to cut 5,000 jobs, or about 7% of its workforce.

In email to employees shared in a regulatory filing, CEO Michael Sievert said the layoffs would come over the next five weeks and impact T-Mobile workers across the country – particularly those working in corporate and back-office roles, as well as some technology positions. Retail and customer service teams will not be part of the cuts.

“This is a large change, and an unusual one for our company,” Sievert wrote. “Because of this, we do not envision making additional largescale reductions across the company again in the foreseeable future.”

T-Mobile estimated it will book a pre-tax charge of about $450 million in the third quarter related to the job cuts. Laid-off employees will receive severance payments based on tenure, 60 days minimum of transition leave, career transition services and other benefits, Thursday’s announcement said.

The layoffs at T-Mobile follow mass job cuts in the past year at a handful of companies – including Google, Meta, Amazon and Microsoft. Beyond the tech sector, layoffs have also hit Disney park employees, newspapers and some higher education jobs.

Sievert said the T-Mobile jobs impacted by the upcoming layoffs “are primarily duplicative to other roles” or may not fit with…


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