If AT&T has bought Moto Mobility they would have added 10,000 jobs (just like buying T-mobile would have created jobs).
Actually, when companies MERGE or one buys the other.. the reason for the deal is it results in net job cuts.. and with how wireless and wireline are playing out today, the union jobs are on the agenda for throwing overboard at both AT&T AND VERIZON! The pro AT&T press releases were hot air and hype full of lies.. some of with they got caught in, that's why the FCC and DOJ acted to block the merger.
Banks and Oil industries are recent examples.. Banks had a cyclical adjustment with the mergers and are recouping some of the jobs lost... Oil gained jobs.. about 50k but at the cost of tens of millions of jobs and pay cuts for others due to $4 and $5 gasoline seasonal adjustments to trash the economy.
reply to tmc8080 Are you implying that AT&T would flat out lie just to get their way? That would never happen. AT&T could never do something like that.
·
·
·