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February 3, 2005

13,000 Jobs Vanish, Again

13,000 Jobs will vanish with another attempt to gain a competitive advantage by bonding two distinct corporations, cultures, customer bases, and business models. I am speaking of the SBS and AT&T Merger. Jim Collins mentioned that not a single company that qualified as having made a sustained transformation ignited its leap with a big acquisition or merger. Today, Qwest and MCI are thinking of merging and not too long ago Cingular merged with AT&T wireless. Didnt we break up the telephone monopoly? Now, what about those 13,000 jobs lost, where will they go? My only hope is that there are some extremely talented individuals that will become entrepreneurs and hand the company back a hefty invoice for their services.

Posted by Todd at February 3, 2005 4:55 PM