For many Americans across the country, these are not easy times. Plenty of folks continue struggling with paying the bills, getting out of debt, and fulfilling their financial obligations each month.
At the same time, the increase of both inflation rates and the rate of interest only serves to further complicate matters. It’s why more people have started looking for extra jobs to bring in additional money to support themselves and their families.
Sadly, as the economy struggles, businesses across the nation also aim to cut their losses. Part of this means reducing overhead costs via laying off workers.
The past year has seen considerable reports of worker furloughs. Now, new updates confirm that T-Mobile will be the latest company to hand thousands of pink slips to their workers.
What to know about incoming layoffs at T-Mobile
Earlier this week, the phone company revealed in the coming five weeks, about 5,000 employees will receive their notice.
Those first on the chopping block are the workers who operate in back-office or corporate positions. Apparently, T-Mobile has determined these positions remain more redundant than useful and have become unnecessary.