Toll road giant to slash hundreds of jobs

Toll road group Transurban cuts 7pc of workforce

Some 200 employees of the Melbourne-headquartered company will lose their jobs as it slashes costs and tries to boost profits.

Toll road giant to slash hundreds of jobs

Transport company and major toll road operator Transurban has announced it will cut hundreds of jobs in a bid to "streamline" operations."Transurban aims to be a leader in helping people move more easily and safely around major cities," CEO Michelle Jablko said."To do this, we must be a more agile and efficient organisation and re-allocate our capital and resources in ways that best serve our stakeholders."READ MORE: First it was the Gulf of Am…

Transurban confirms organisational changes - Prime Mover Magazine

Image: Jevanto Protography/adobestock.com.auRoad toll operator, Transurban, is streamlining its operations even though it reported billions in proportional toll revenue last financial year. Transurban CEO, Michelle Jablko, said approximately 300 people will leave the organisation as part of a plan to make it more efficient and effective. “Transurban remains focused on safety, strengthening government partnerships, investing in customer […] The p…

Transurban cuts roughly 300 jobs to streamline operations

Image: TransurbanToll road operator Transurban has announced it will cut around 300 jobs as part of sweeping organisational changes to support the company’s “growth and simplification”. CEO Michelle Jablko announced yesterday the review will make Transurban “a more efficient and effective organisation”, but it will “regrettably result in approximately 300 people leaving the business”. “Transurban aims to be a leader in helping people move more e…

Banks weigh down flat ASX; Transurban to cut 300 jobs

Welcome to your five-minute recap of the trading day. The numbers Large rises in industrials, utilities and information technology were able to lift a …

Transurban share price lifts off on major job and cost

The Transurban Group (ASX: TCL) share price is marching higher today. Shares in the S&P/ASX 200 Index (ASX: XJO) toll road developer and operator closed yesterday trading for $14.31. In morning trade on Thursday, shares are changing hands for $14.50 apiece, up 1.3%. For some context, the ASX 200 is down 0.2% at this same time. This follows a business update released this morning. Here's what's grabbing investor interest today. Transurban share p…