How Many People Will Be Fired When Sprint Is Married to T-Mobile?

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By Douglas A. McIntyre Published
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How Many People Will Be Fired When Sprint Is Married to T-Mobile?

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Sprint Corp. (NYSE: S) and T-Mobile US Inc. (NASDAQ: TMUS) finally will merge. As is true in all such combinations of similar companies, some people will lose their jobs. Sprint has roughly 28,500 employees. T-Mobile has about 52,000.

Several sets of employees will be out of work eventually, although the companies may wait until the merger is a year or two old. The two companies do not need to each have thousands of stores. Some retail workers are as good as gone.

The two companies obviously will combine headquarters staffs. General and administrative staff will be cut as well. This will include people in accounting, finance, human resources and corporate communications. The company will not need two sets of investor relations people.

The number of workers who run the infrastructure will be cut back as well. The merged company will not need as many technicians as they eventually merge their infrastructures. Some of these people work in data and hub centers. Others work well outside central offices, where they handle system upgrades and repair.

Data released by the company shows that senior management will be paid very well when the combination is underway. In the meantime, a lot of people will not survive the transition.

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Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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