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Tuesday, May 15, 2012

T-Mobile to cut 900 jobs in latest restructuring (scoop) - MobilEgypt

T-Mobile USA will restructure its business and hold another round of layoffs as it seeks to reduce its operating costs. The changes were announced in a memo from CEO Philipp Humm leaked to the Verge. It's unclear just how many jobs would be shed in the latest cut. It comes on top of 1,000 jobs the carrier said in March it would shed as part of its ongoing restructuring plan. In the note, Humm said the company would contact employees personally about the cuts and changes in responsibilities. The changes are expected to make the carrier a leaner business just as it makes a pricey bet on improving its current network this year and moving to 4G LTE next year. The carrier, which lags behind its larger rivals, has been aggressively repositioning itself as the aggressive upstart after nearly a year in limbo waiting for the AT&T takeover. With the AT&T deal squashed, the carrier and parent Deutsche Telekom has attempted to make a go of it independently. It's unclear how the restructuring would look. Humm said the new structure would reduce the layers of management and allow for more nimble movement by the carrier. As with the March announcement, the cuts wouldn't affect customer service representatives, engineering technicians, or front-line employees at T- Mobile stores.

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