Telstra to Slash 2000 Jobs by the End of 2021 Amid Market ‘Headwinds’

Telstra to Slash 2000 Jobs by the End of 2021 Amid Market ‘Headwinds’
Telstra phones are seen outside the Telstra Melbourne headquarters on June 14, 2017 in Melbourne, Australia. Photo by Michael Dodge/Getty Images
Updated:

Telstra has announced it aims to cut 2000 jobs by the end of the year to reduce costs, as the telecommunications giant struggles to make a profit in the national broadband network market.

The telco’s chief financial officer Vicky Brady confirmed the company is on track to axe 8000 staffs in its direct workforce as part of its T22 job-cutting program.

Nina Nguyen
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Nina Nguyen is a reporter based in Sydney. She covers Australian news with a focus on social, cultural, and identity issues. She is fluent in Vietnamese. Contact her at [email protected].
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