Telstra has announced plans to axe up to 2,800 jobs as part of a strategic effort to “simplify operations and improve productivity“.
The planned redundancies will include consultations with employees and unions and will primarily impact Telstra’s “direct workforce”.
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Initial consultations will commence immediately for 377 roles, predominantly in areas that support the products and services within its enterprise business.
Telstra CEO Vicki Brady said these job cuts are necessary for the company to make the critical investments required to handle the increasing data volumes on its networks.
“I appreciate the uncertainty proposed changes like this can create for our people, and we will support them through this change with care and transparency,” Brady said in a statement.
She said the company would support its workers through this change with care and transparency.
“This is occurring within a dynamic environment, with an evolving competitive landscape, rapid advances in technology, changing customer needs, and the ongoing inflationary pressures facing all businesses,” Brady added.
The telecommunications giant currently employs 31,000 people, and the cut represents a reduction of a little more than 9 per cent of the company’s workforce.
Currently employing 31,000 people, the cuts represent a reduction of a little more than 9 percent of Telstra’s workforce.
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