New York, Feb 3, 2026, 14:07 ET — Regular session
- T-Mobile (TMUS) shares climbed roughly 2%, hitting $198.82 in afternoon trading.
- A state notice revealed that the company intends to cut 393 permanent jobs in Washington, with layoffs slated to begin April 2.
- Investors have their eyes on Feb. 11, when T-Mobile reports quarterly results along with a capital markets update. The next $1.02 dividend is set for March 12, with a record date on Feb. 27.
T-Mobile shares climbed almost 2% on Tuesday, bouncing back from a dip the day before, following a state filing that outlined upcoming job cuts at the wireless company.
The stock now acts as a quick gauge of how much investors value steady subscriber growth in the mature U.S. wireless market. Cost discipline is a key part of the story, and even minor job shifts draw attention given the company’s large workforce.
T-Mobile’s upcoming update is imminent, setting a baseline amid ongoing debates. Investors are pressing for a shift away from promotional chatter toward clearer cash flow results, particularly as competitors ramp up pricing pressure.
On Tuesday, shares fluctuated between $193.80 and $199.04, following a 1.13% drop to $194.99 on Monday. Monday’s trading volume surpassed the recent daily average, according to MarketWatch data.
A worker adjustment and retraining notice filed with Washington’s Employment Security Department reveals that T-Mobile intends to cut 393 jobs across the state. The layoffs will affect over 200 job titles, including several senior positions. The notice, signed by senior director Monica Frohock, points to “changing business needs” as the reason. GeekWire
T-Mobile announced it is “making some changes while continuing to hire,” per a statement reported by The Seattle Times. The company confirmed the impacted sites will remain open and detailed a broad array of roles included in the cuts. ArcaMax Publishing
Telecom stocks edged up as well: Verizon climbed around 3.8%, while AT&T added about 2.1%, lending strength to the sector despite the recent layoff news.
T-Mobile will release its fourth-quarter and full-year results on Feb. 11 at 8:30 a.m. ET, paired with a capital markets day update.
Dividend-focused investors are watching Feb. 27 closely: T-Mobile’s investor site lists a $1.02 per-share dividend with that date set as the record date, followed by a payment on March 12.
Still, there’s a catch in the upside story: job cuts might just be standard pruning—or a warning that management expects slower growth and tougher customer churn ahead. If the Feb. 11 outlook falls short on subscriber gains, pricing, or free cash flow, Tuesday’s bounce could vanish quickly.
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