since 2020, the market cap of TMO today is basically the same as Verizon...what a waste of money ($50+) and time (5+ years). Sad, sad, sad...
8 replies (most recent on top)
@va
2025 Annual Report specifically for the layoff calculation. Additionally, all the annual reports have a statement of numbers of employees in them.
https://s29.q4cdn.com/310188824/files/doc_financials/2025/ar/2025-TMUS-Annual-Report-Final-Web.pdf
@rj, Don't have to be a genius to do an internet search - maybe you should try it. BTW, where are you getting your data from?
@mx Stop doing the tough math, you're going to hurt yourself.
Pre-Merger Employee Count - 53,000. Double that is 106K. Not 75K, Einstein.
And...there's no way they went from 70K to 75K employees in 2025, given they took a $390 Million charge in 2025 for their "Workforce Transformation Initiative". If you assume a $100K charge per separated employee, that's 3900 folks laid off. This would mean they HIRED some 8900 folks last year (the 3900 laid off plus the 5000 to get to 75K). There's NO WAY that happened. Srini and his boy Petey O. are lying.
@mx premerger we were at 80+k; today we are at 75k and shrinking. Value was 70 bil and today 202 bil; compared to Walmart 407 bil and today 922 bil - we are just riding a Wall Street wave. We are just a shrinking, mediocre company. Just facts.
You guys are dramatic. The company doubled the amount of employees and stock price is higher compared to pre merger. And you’re complaining we are as big as Verizon? TMO was number 3. Quit complaining just to complain.
$50B+ down the drain. Sounds very much like AT&T’s bad decision to acquire directv years ago. Congratulations TMO on destroying billions in shareholder value and livelihoods of tens of thousands families.
Don’t forget about the thousands of layoffs that affected employees and their families as well as damaging morale of existing staff waiting to see if their number is called in the future. Quite an accomplishment.
Yup, all the gains from 2020 onward weee just money printing. Sprint Merger, all the BS, total failure.