World

Wed May 22

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...

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