Telstra to sack 2,800 workers as part of cost-cutting measures

Telstra to slash close to 10 per cent of its workforce

Telstra is cutting 2,800 jobs by the end of the year, saying the move is necessary to remain competitive. The restructure will see almost 3,000 jobs cut from its big business arm - but the telco insists retail customers won't be impacted.

Timing of Telstra’s workforce cuts raise suspicions about spectre of AI

The proposed mass redundancies at one of the country’s biggest employers are a shock but also raise community fears about the future of jobs in the face of the rise of AI – even though Telstra said the losses were unrelated to machine learning.

Australian telco giant Telstra to cut up to 2800 jobs

SYDNEY, Australia — Leading Australian telecoms company Telstra said Tuesday it would slash up to 2,800 jobs, shedding 9 percent of its workforce as it keeps pace with “rapid advances in technology”. Chief executive Vicki Brady said the job cuts would save the company around US$230 million, setting it up to better deal with “ongoing

Telstra to Cut 2,800 Jobs in Major Restructuring Move

Australian telco giant Telstra will axe up to 2,800 jobs or 9 percent of its workforce in a major shakeup to cut costs. On May 21, Telstra announced that it would carry out a “reset” of its enterprise business, which focuses on providing network and other digital solutions to enterprise customers, by simplifying its operations and improving productivity. Telstra CEO Vicki Brady said the proposed restructuring was necessary to ensure the company …

Telstra to cut 2800 jobs in business reset

Telstra is cutting up to 2800 jobs. (Bianca De Marchi/AAP PHOTOS) By Samantha Lock in Sydney Telco giant Telstra plans to cut up to 2800 jobs in a move it says will help save the company $350 million. The potential job cuts announced on Tuesday amount to about nine per cent of the company’s workforce, with most of the axed roles to go by the end of the year. Chief executive Vicki Brady said the changes were needed to ensure Telstra could continu…