Telstra to cut 9 per cent of its workforce

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Telstra to cut 9 per cent of its workforce
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CEO Vicki Brady says the cull would affect up to 2800 jobs and was necessary to improve productivity.

Telco giant Telstra is culling up to 9 per cent of its workforce, with CEO Vicki Brady announcing that up to 2800 jobs would be affected in a necessary bid to improve productivity.

Telstra boss Vicki Brady would make the majority of the job cuts by the end of the 2024 calendar year.“Some of the proposed measures, which require consultation with employees and unions, would result in up to 2800 job reductions from Telstra’s direct workforce,” the company said in a statement to investors.

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