On Tuesday, October 24, the Communications Workers of America (CWA) union claimed that the possible merger of Sprint and T-Mobile would cost thousands of jobs in the US and that it will oppose the merger.
The two companies are expected to announce merger plans next month in a move that would create the nation’s third largest mobile carrier with over 130 million subscribers.
The CWA cited a 2016 study by Craig Moffett of MoffettNathanson Research which showed that some 20,000 people could lose their jobs if a deal goes through.
CWA President Chris Shelton said, “One of the FCC’s responsibilities is to ensure that mergers and other corporate actions are in the public interest. The massive job loss that this merger would cause is not in the public interest.”
Full Content: Reuters
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