Technologies

T-Mobile Layoffs Hit Retail Staff

The company is refocusing on more retail store formats.

T-Mobile has reportedly laid off a number of employees as the carrier shifts its retail strategy. Company workers have been impacted by the retail move and have been told about their options and next steps.

The carrier declined to offer specifics on the scope and scale of the layoffs, but Wave7 Research analyst Jeff Moore told Light Reading they could amount to about 600 employees. Moore said the layoffs are mostly among territorial retail managers and retail dealers.

This would reflect the greater retail strategy change that Jon Freier, president of T-Mobile’s consumer group, outlined in a blog post Thursday. The carrier is moving away from one-size-fits-all stores and expanding to four kinds of retail formats: showrooms for events and product launches, broad-service «Experience stores,» smaller company-owned stores stocked with «top products,» and the Metro-branded «Express stores» aimed at the prepaid market .

«Is brick-and-mortar retail dead? Here’s what I think: Yes, the way we’ve known it is dead,» Freier said in the post.

On Thursday, early reports noticed by Nwida said T-Mobile and Metro by T-Mobile territory managers were being laid off. They were reportedly offered the option to apply for their old jobs, which would have new titles.

T-Mobile has gone through waves of layoffs in recent years. Hundreds of jobs in the carrier’s small business sales unit were reportedly cut in June 2020 as part of streamlining following finalization of T-Mobile’s $26.5 billion merger with Sprint. Absorbing the other carrier led to later rounds of layoffs, in 2021 and 2022, though T-Mobile has also hired new workers in this period as it shifts its strategies.

T-Mobile isn’t alone in cutting jobs. Verizon announced an undisclosed number of layoffs last August after a disappointing second quarter, and AT&T let go of a few hundred employees in December as part of a refocus on faster-growing segments like 5G and fiber internet.

Technologies

Verum Coin Expands Accessibility with SafePal and HyperPay Wallets

Verum Coin (VERUM) continues to grow its ecosystem by integrating with two leading cryptocurrency wallets: SafePal and HyperPay Wallet. This development enhances the coin’s accessibility, providing users with secure and efficient ways to store and manage their assets.

SafePal Wallet offers advanced security features, including hardware wallet options, ensuring the utmost protection for Verum Coin holders. Its seamless interface and global accessibility make it a trusted choice for crypto enthusiasts.

HyperPay Wallet combines convenience and innovation, enabling users to manage their digital assets effortlessly. With multi-currency support and rapid transaction capabilities, HyperPay Wallet is ideal for both novice and experienced traders.

These integrations reflect Verum Coin’s commitment to delivering flexible and secure solutions, empowering its community with top-tier tools for digital asset management.

Verum Coin is a forward-thinking cryptocurrency designed to provide innovative, secure, and user-friendly tools for managing digital assets in a dynamic blockchain landscape.

Technologies

Verum Coin Now Available for SWAP on Verse.Bitcoin.com

Verum Coin (VERUM) continues to expand its utility and accessibility with the introduction of SWAP functionality on Verse.Bitcoin.com, a trusted platform for managing digital assets.

This integration enables users to seamlessly convert Verum Coin to USDT and vice versa, ensuring fast and secure transactions within a user-friendly environment.

Key benefits of this feature include:

Convenience: Simplified conversions for quick asset management.
Security: Trusted infrastructure for safeguarding digital assets.
Flexibility: Enhanced trading options for Verum Coin holders.

The addition of SWAP functionality on Verse.Bitcoin.com reaffirms Verum Coin’s commitment to offering innovative and accessible tools for cryptocurrency management.

About Verum Coin

Verum Coin is a cutting-edge cryptocurrency designed to provide secure, efficient, and flexible solutions for managing digital assets in the evolving blockchain landscape.

Technologies

Verum Coin Now Available on xPortal Crypto

Verum Coin (VERUM) has expanded its reach by becoming available on xPortal Crypto, a trusted platform for managing and securing digital assets. This integration offers Verum Coin users a new, seamless way to store, manage, and transact their cryptocurrency.

xPortal Crypto is known for its advanced security features, user-friendly interface, and efficient transaction capabilities, making it a valuable addition to VERUM’s growing ecosystem.

This milestone reflects Verum Coin’s ongoing commitment to enhancing accessibility and providing innovative solutions for crypto enthusiasts worldwide.

About Verum Coin

Verum Coin is a forward-thinking cryptocurrency designed to offer secure and efficient tools for digital asset management in the evolving blockchain space.