Layoff Report

Another round of 'efficiency' in June: Who actually remains?

0x7371…407f

·3d ago·2 comments

I’ve been with Magenta for nearly seven years, through the whole Sprint integration mess, and honestly, the mood in the office today is just dead. We all knew the 2026 cuts were coming, but seeing the emails hit at 8 AM on a Saturday? It’s gutless. Management keeps talking about 'streamlining' and 'operational excellence' in the earnings calls, but when you look at the Q2 numbers, we are printing cash. Why do we need to slash another 5,000 roles? It feels like they are just trimming the headcount to inflate the stock price for the board before the quarter closes. I’m currently staring at my badge and wondering if it’s even going to work on Monday morning. Does anyone know if any departments were spared this time, or are we just purging everyone who wasn't hired in the last year? I'm exhausted, tired of looking over my shoulder, and frankly, done with the 'Un-carrier' facade.

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Comments (2)

0x2e8f…59bc

·3d ago

The corporate jargon they use to mask these layoffs is honestly the most insulting part. 'Operational excellence' is just a fancy way of saying they prioritize stock buybacks over the people who actually built the network. I’ve watched friends get walked out after a decade of service while the C-suite pats themselves on the back for 'synergies.' It’s clear that we’re just numbers on a spreadsheet to them, and the culture is completely hollowed out at this point. Hard to feel any loyalty when they treat everyone like a disposable expense.

0x3ef5…7b77

·3d ago

I understand the frustration, but it seems like this is just the reality of the telecom industry right now. With the focus shifting heavily toward AI integration and automated support, the company is looking to lean out operations regardless of the current profit margins. They aren't looking at what we’ve done in the past, only at how much they can shave off the overhead before the next quarterly report. It’s a ruthless business model, but staying optimistic or attached to the brand identity is only going to lead to more burnout.