Page 13 - Michael Sievert News Today

Wireless carrier T-Mobile plans to cut 5,000 jobs, or about 7% of its workforce

CEO Michael Sievert said the layoffs would come over the next five weeks and affect T-Mobile workers across the country.

Wireless carrier T-Mobile plans to cut 5,000 jobs, or about 7% of its workforce.

T-Mobile US has said it plans to cut 5,000 jobs, or about 7% of its workforce.In an email to employees shared in a regulatory filing, CEO Michael Sievert said the job losses would come over the next five weeks and affect T-Mobile workers across the U...

CEO Michael Sievert said the layoffs would come over the next five weeks

Job cuts, which amount to about 7% of the wireless carrier's workforce, will affect corporate, tech and back-office roles.

Private equity firm to buy Subway

ExodusPoint Capital Management LP lifted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 268.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 212,286 shares of the Wireless communications provider’s stock after purchasing an additional 154,621 shares during the […]

Oppenheimer & Co. Inc. increased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 7.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,857 shares of the Wireless communications provider’s stock after buying an additional 3,116 shares […]

Mitchell Mcleod Pugh & Williams Inc. increased its position in T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 8.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,560 shares of the Wireless communications provider’s stock after buying an additional […]