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SYDNEY (Reuters) - Australia's biggest telecommunications company Telstra said on Thursday it planned to cut nearly 500 jobs due to changes from digitisation and automation, as well as its exit from some legacy products and services.
The proposed reduction amounts to just over 1% of the company's total workforce but come at a time when businesses around the world are starting to hunt for savings amid persistent inflation and rapidly increasing interest rates.
The cuts were part of an effort "t...
>>> Read more: Australia telco giant Telstra to cut nearly 500 jobs
The proposed reduction amounts to just over 1% of the company's total workforce but come at a time when businesses around the world are starting to hunt for savings amid persistent inflation and rapidly increasing interest rates.
The cuts were part of an effort "t...
>>> Read more: Australia telco giant Telstra to cut nearly 500 jobs
