annb0t
Top 20
(Reuters) - Australian telecom firm Telstra said on Tuesday it would reduce up to 2,800 jobs from its direct workforce by the end of this year, as a part of its proposed measures to simplify operations and improve productivity.
Consultation on 377 of those roles would begin immediately, mainly from areas supporting the products and services to be exited in its enterprise business, Telstra said.
The company expects to record one-off restructuring costs of A$200 million ($133.36 million) to A$25...
>>> Read more: Australia's Telstra to axe up to 2,800 jobs by year-end to cut costs
Consultation on 377 of those roles would begin immediately, mainly from areas supporting the products and services to be exited in its enterprise business, Telstra said.
The company expects to record one-off restructuring costs of A$200 million ($133.36 million) to A$25...
>>> Read more: Australia's Telstra to axe up to 2,800 jobs by year-end to cut costs