Bringing 5,000 jobs back to the US sounds good, but what will the net be after they close hundreds of retail stores that overlap as well as reduce/consolidate/right-size staffs as they first announced back in the Spring? I will look for the original postings, but here is one analysis that spells it out
. This quote from that link sums up the expected cost-cutting:
"....The deal would also provide significant cost savings, roughly $3 billion a year for the new company. Those savings, however, could have a huge effect on both the local and national economy, from real estate to media. The combined company is expected to close hundreds of retail outlets in areas where they overlap, as well as eliminate overlapping back office, technical and call center staff. It may also drastically reduce advertising spending
There is no way a merger/takeover of this size will result in any kind of increase that will benefit employees or consumers. This is for the shareholders and ivory tower residents. I am not indicating there is anything wrong with that, but they should not be trying to paint it as something it is not.