Telstra cuts 1100 jobs as roles shift offshore

Telstra has announced it will cut 1100 jobs as part of the next stage of a major restructure announced last May. The bulk of the job losses are expected to come from Telstra Operations, the business unit that handles the design, construction, and operation of Telstra's networks, plus the delivery of some customer services. The latest cuts mean Telstra has shed nearly 4 percent of its Australian workforce of 30,000 in one hit. The jobs will be cut from [...]

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A Telstra takeover of Telecom could mean massive job cuts

Telstra could lay off more than half of Telecom's 7000 staff and run most of the business from Australia if it launches a takeover bid for the company, says leading Australian telecommunications analyst Paul Budde. Budde said a takeover of Telecom by Telstra "made sense" and was a reasonable explanation for talks revealed on Tuesday over the possible sale of TelstraClear to Vodafone. Several analysts have said Telstra would need to sell TelstraClear in order to stand a chance of securing [...]

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