Telcom giant Telstra to slash up to 2,800 jobs

By Agence France-Presse

May 22, 2024 12:25 am

SYDNEY, Australia – Leading Australian telecoms company Telstra said on Tuesday it would slash up to 2,800 jobs, shedding 9 percent of its workforce as it keeps pace with 'rapid advances in technology.'

Chief Executive Vicki Brady said the job cuts would save the company around $230 million, setting it up to better deal with 'ongoing inflationary and cost pressures.'

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