I’ve been passively watching the attempted merger of T-Mobile & AT&T , but what they are saying would make someone more angry than the hulk on crack. They keep saying this merger will create jobs and to a tune of 100,000 jobs and that’s a right out lie. The point of a merger is to combine ones interest and take the brand over to make it there own. In this video AT&T is claiming that 96,000 jobs will be created. What?
By the two companies merging there will be overlap of positions, overlap of coverage , overlap of just about everything and logically there’s no reason to keep employees on the company that your merging, Logistically if AT&T blowing smoke out there ass since T-mobile USA supposedly employs over 40,000 people. if this counts all the store droids in all the malls and mobile stores is a good question. but how is this going to create these jobs. Since this is a narrow field there is going to be a huge amount of overlap.
in malls you would have AT&T stores next to new acquired AT&T stores that were formally T-mobile. in all over time the parent company would see no use to having these stores together, and likely break lease and fire all employees, While AT&T is playing the “hot” card for job creation when you look at the big picture- the jobs lost while likely have a big effect on what jobs are created. There are other things in play , AT&T is generally regarded by some as terrible, the T-mobile customer base will erode on acquisition, Also the longer this merger stays in limbo the more damage that’s done to T-mobile and to an effect I think AT&T likes it because , if the company goes critical they will *Sweep* in and be the *her0* .
If there is any job creation at all it will be skilled labor and not sales force that will be VERY temporary at best. Retail locations might get held for a short time to fluff the books on saying they “Created” jobs and as soon as the merger is complete most of these employees will be laid off. With the limited pool of jobs in these companies it will likely be a clusterfuck of lay-offs as soon as the ink dries.