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    Home»News»Telstra to cut 550 jobs in latest phase of overhaul
    News

    Telstra to cut 550 jobs in latest phase of overhaul

    The proposed layoffs represent less than 2% of Telstra’s full-time staff, which stood at nearly 32,000 employees at the end of the previous year
    HRK News BureauBy HRK News BureauJuly 11, 20252 Mins Read13173 Views
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    Telstra, the Australian telecommunications provider, has announced plans to reduce its workforce by 550 employees as part of a restructuring exercise. The objective is to streamline operations within its enterprise division and make broader structural adjustments across the company.

    The proposed layoffs represent less than two per cent of Telstra’s full-time staff, which stood at nearly 32,000 employees at the end of the previous year. The decision follows a significant downsizing initiative in 2023, where approximately 1,900 roles were eliminated, primarily from the company’s network applications and services segment.

    zoha

    The latest round of cuts reflects Telstra’s push to reset its enterprise operations, which have been undergoing a strategic transformation to align with evolving business demands and customer expectations.

    The company is focusing on simplifying internal processes and refining its organisational structure to boost efficiency and long-term sustainability.

    Telstra has clarified that the current layoffs are not linked to its use of artificial intelligence or automation tools. Instead, the restructuring is part of a larger cost-saving and business-realignment strategy.

    The affected roles span several functions, although the majority are tied to the enterprise business, which serves large corporate and government clients. Telstra is expected to engage with impacted staff and offer support during the transition.

    This workforce reduction is part of a broader transformation programme aimed at strengthening Telstra’s competitive position in a rapidly- changing telecom landscape. With market conditions becoming increasingly challenging, the company is focusing on maintaining agility even while managing costs and investing in future-focused capabilities.

    zoha
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