T-Mobile promised its $26 billion merger with Sprint would add new jobs to the economy literally every single day, but a report from The Wall Street Journal confirms the newly combined company actually employs fewer people now than it did before the merger.
Here’s how specific T-Mobile’s promise was:
So, let me be really clear on this increasingly important topic. This merger is all about creating new, high-quality, high-paying jobs, and the New T-Mobile will be jobs-positive from Day One and every day thereafter. That’s not just a promise. That’s not just a commitment. It’s a fact.
“Jobs-positive” would not be how I’d describe T-Mobile’s employment practices. The company employed 5,000 fewer people by the end of 2020 than it did before…
