Telstra is cutting an additional 280 jobs as it continues culling its workforce as part of the program announced in 2018 that it would effect a net reduction of 8000 employees and contractors by 2022 - and reduce two to four layers of management, with one in four executive and middle management roles to go.
Australia's biggest telco Telstra has brought forward its plans, announced last June, to sack thousands of workers, leading to an increase of $200 million in the company's restructuring costs for the current financial year.
Singtel Optus will sack 440 workers over the next two months in what it says is a bid to reduce the number involved in back-office work.
Proposed initially in 2016, it is estimated that the RBS would raise something in the region of $40 million by[…]
Nah mate, not needed. NBN Co has it all under control. ;=)
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They can't exactly sell fibre "spectrum" can they ? Not theirs to sell. People are for sale here.