Telstra set to axe 2,800 roles by end of 2024
Telstra has announced it could “potentially see up to 2,800 roles removed” by the end of the year.
In an ASX announcement issued on Tuesday morning, the telco’s CEO, Vicki Brady, said the move would be made in a bid to reset its Enterprise business.
Looking to “simplify its operations and improve productivity” and achieve $350 million in cost savings by the end of the 2025 financial year, Brady said the proposed measures would result in the job reductions.
“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. As we propose specific changes, we will talk them through with our teams and union representatives first,” Brady said.
