T-Mobile and at & T plan to cut thousands of jobs

 T-Mobile and at & T plan to cut thousands of jobs

At & T, meanwhile, has detailed plans to launch cost cutting measures introduced at the end of last year and cut thousands of jobs.

The epidemic has put pressure on both companies profits and changed the way mobile users shop.

Mike Sievert, chief executive of T-Mobile, said the company plans to recruit 5000 new positions in retail and engineering over the next 12 months. As part of this process, some employees with similar experience can consider changing positions within the company, and the company will help others go out and find new positions, said sewart

It is reported that at & T plans to cut more than 3400 jobs in the next few weeks. The cuts do not include hundreds of jobs that could be cut as a result of closing stores.

At & T said it would target and massively cut executives, managers and union employees while reforming its workforce base. The company also closed more stores to cater to online shoppers. The company said the shift was accelerated in response to the outbreak.

Downsizing is a tough decision and we cant take it lightly, at & T said in a statement.

According to Jonathan Chaplin, telecom analyst at New Street research, a market research firm, T-Mobiles estimated savings to investors suggest it will cut thousands of jobs. He added that the cuts did not include stores operated by third-party distributors, some of which would switch to other brands. Theyre going to cut redundant jobs, but theyre going to add other jobs as investment grows, Chaplin said.

T-Mobile told lawmakers last year that the merger with sprint will provide more jobs for the combined company by 2024.

On Monday, the T-Mobile network suffered a nationwide service failure, causing users voice and data to be interrupted intermittently for 12 hours. Federal regulators said they would investigate the incident. Neville ray, the companys technical director, later said the problem stemmed from a suppliers fiber optic circuit fault, a common fault condition for telecom companies.

In general, if a line is cut off, there are several standby lines in the backbone network of telecom operators. Redundancy didnt work, resulting in line overload, which was then exacerbated by other factors, Ray said Sprint customers were not affected, the company said, and vowed to take new security measures.

Source: Zhang Zutao, editor in charge of Netease Technology Report_ NT5054