Telstra to Cut 2,800 Jobs in Major Restructuring Move

The company expected to save $350 million with the layoffs, which would immediately begin with 377 supporting roles.
Telstra to Cut 2,800 Jobs in Major Restructuring Move
People walk past a Telstra store on Melbourne's central business district on June 20, 2018. William West/AFP via Getty Images
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Australian telco giant Telstra will axe up to 2,800 jobs or 9 percent of its workforce in a major shakeup to cut costs.

On May 21, Telstra announced that it would carry out a “reset” of its enterprise business, which focuses on providing network and other digital solutions to enterprise customers, by simplifying its operations and improving productivity.

Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].
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