The T-Mobile / Sprint merger hasn’t created jobs — it’s ended them

Illustration by Alex Castro / The Verge

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…

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Author: Ian Carlos Campbell