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Telstra proposes mass job cuts from across the business

2 days ago 9

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Telstra has confirmed another round of mass cuts across the business is being considered, but stresses that staff will be consulted first.

Today, employees of the country's largest telco were told that about 550 roles could be affected by the proposed cull.

"These changes are largely driven by the ongoing reset of our Telstra Enterprise business, as well as improvements to the structure and processes of other teams across our organisation, to reduce complexity, create efficiencies, and respond to changing customer needs," a Telstra spokesperson said.

Australia's largest telco, Telstra, has confirmed proposed mass cuts across the business. (Bloomberg via Getty Images)

Telstra said it would consult with its staff first about the proposed changes before moving ahead.

"If the changes go ahead, we'll work with the people in the roles that are no longer required to seek to help them find another role at Telstra," the spokesperson said.

"If that's not possible and they end up leaving Telstra, they'll have access to our redundancy package and a range of support services."

Telstra stressed that the proposed cuts were not a result of its adoption of AI. 

The telco employs about 31,000 workers across the world. 

Chief executive Vicki Brady at the time said the job cuts would save the company $350 million.

"We need to be a more efficient and sustainable business to ensure we can keep investing at the levels required to meet the ever-increasing demand for our connectivity and services for our customers right across the country," she said.

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