T-Mobile US CEO Mike Sievert

T-Mobile US is reportedly cutting engineering jobs in the latest move by the carrier to squeeze costs out of its operations. The cuts come on the heels of the carrier boosting financial expectations for the year, spending billions of dollars on new spectrum, and announcing an ambitious cellular-satellite partnership with Elon Musk’s SpaceX.

As first reported by Fierce Wireless, which cited reports on The Layoff website, T-Mobile US made the cuts to its networking business. The specific number of cuts was not revealed, but a T-Mobile US comment to Fierce Wireless said the cuts were part of its “continued organizational shifts.”

“As we continue to hire top talent across the country (with over 3,000 posted positions), we are also making ongoing course-of-business organizational shifts in some areas of the company,” the company noted in a comment to Fierce Wireless. “These shifts are the outcome of opportunities we have identified to evolve our structure so we can best focus our resources in the places where customers need and want us to be. Our priority is to ensure impacted employees are supported during this transition. Many of them will be offered different positions.”

The statement echoed past comments from the carrier tied to job cuts.

The cuts come just weeks after T-Mobile US posted strong second-quarter financial results that included the carrier boosting its operating guidance for the rest of the year, including increased revenues due to stronger than expected customer growth. This was in contrast to rivals AT&T and Verizon, which both expressed second-half concerns tied to recessionary challenges.

That continued strength also caught the eye of parent company Deutsche Telekom, which last month indicated it wanted to grab a bigger piece of its prized U.S. asset.

T-Mobile US is also currently on the hook for $3.5 billion to pay for low-band spectrum it’s currently leasing and is core to its 5G network coverage. And it agreed to pay $500 million toward rectifying damage from a cyberattack that hit internal records and that one analyst called “the largest carrier breach on record.”

T-Mobile US late last week also made a big splash by announcing a partnership with SpaceX to eventually link the carrier’s customers to SpaceX satellites using some of its cellular spectrum.