A T-Mobile employee is calling the proposed merger between AT&T and his company "like a car-jacking," referring to a statement on the company's private network that attempts to clarify to employees that a sale to AT&T should be thought of as an "acquisition" as opposed to a "merger." The employee shared his thoughts with SeattlePI.com.
"This means that technically we're being absorbed by AT&T…," said the unnamed T-Mobile employee. "In reality, it's more like a car-jacking. AT&T will strip us for 'parts' (spectrum, towers, customers) and throw the drivers (employees) to the curb… After all, when you steal a car, you don't need the driver anymore."
AT&T has said publicly that it would create jobs by merging with T-Mobile, while at the same time admitting that cost reductions would be made by "consolidating platforms, customer care centers and headquarters organization." Obviously this is double-speak for job cuts.
The T-Mobile employee also told SeattlePI that employees have begun getting "retention letters from management" offering incentives to stay through the acquisition process:
"We've been calling the retention letters 'natural attrition letters' because they might as well have said, 'You're screwed, run for the hills and don't let the door hit you on the way out… Anyone who can get out before the deal closes, will… Management has given us no clue how many will be laid off… In fact they are feeding us B.S. about how AT&T always looks at the talent they acquire and makes individual decisions, so just keep doing what you're doing and your hard work will be recognized and rewarded."
The AT&T and T-Mobile merger deal still requires approval from the FCC and the Justice Department.
Source: The Consumerist