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Home»Latest Posts»T-Cellular US to chop 5,000 jobs
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T-Cellular US to chop 5,000 jobs

Rudra SharmaBy Rudra SharmaUpdated:No Comments1 Min Read
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T-Cellular US to chop 5,000 jobs
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A T-Cellular retailer in New York, US, on Thursday, March 16, 2023.

Yuki Iwamura | Bloomberg | Getty Photographs

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T-Cellular US plans to chop practically 5,000 jobs, or about 7% of its workforce, in the US, the telecom large mentioned on Thursday, because it grapples with increased buyer acquisition prices.

The roles cuts can be made within the subsequent 5 weeks and can goal company and back-office roles, and a few expertise jobs, CEO Mike Sievert mentioned in an e-mail to workers.

Retail and shopper care divisions is not going to be impacted, it added.

The corporate expects to incur a pre-tax cost of about $450 million within the third quarter.

Shares of the corporate have been down about 0.4% in early buying and selling.

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