Google AI
The Times Australia

Times Media

Telstra says slashing almost a tenth of its workforce will help save $350 million. Why is the business under pressure?

  • Written by: Mark A Gregory, Associate Professor, School of Engineering, RMIT University

On Tuesday, Telstra announced it will be cutting up to 2,800 jobs as part of a major restructure.

Of these layoffs, 377 will take effect immediately from within the Telstra Enterprise business unit. Most of the remaining cuts will be announced in detail soon and finalised by the end of the year.

The announcement followed a review of the...

Read more: Telstra says slashing almost a tenth of its workforce will help save $350 million. Why is the busine...

Business Times

When you sell your life's work: how capital gains tax applie…

For many Australians, an investment property is the most familiar example of a capital gains tax event. Buy a property, hol...

Business Ideas Changing the World

Every generation of business leaders faces its defining challenge. For some, it was rebuilding after war. For others, it w...

Build Your Business on Land You Own

Why every startup should own its website, domain name and customer relationships Starting a business has never been easier...

Technology

Why Australian Enterprises Are Reth…

The corporate landscape in Australia has undergone a permanent structural shift over the past few ...

Local News

QLD Day

On Saturday 6 June, parkrun events across the state will be a sea of maroon, with communities  str...

Culture

Measles in Australia: Why This Highly Contagi…

Measles was once considered a childhood illness that had largely disappeared from Australia. Thank...

Travel

Byron Bay with Friends: Forget the Camping Ge…

There is something special about packing the car on a Friday afternoon and heading away with frien...

The Times Features

Vacuum cleaners: from the Hoover to the robot revolutio…

For much of the past century, the vacuum cleaner was one of the least-changed appliances in the ho...

When you sell your life's work: how capital gains …

For many Australians, an investment property is the most familiar example of a capital gains tax e...

Where do cautious Australians invest? A guide to the ma…

For generations, Australians have been encouraged to invest for the future. The challenge is that ...