Close on the heels of announcing 200 jobs would go due to phasing out its Virgin Mobile subsidiary, Singtel Optus has announced that it would be making another 400 positions redundant in the coming months.
Telstra will lay off about 1400 workers as part of an ongoing plan to reduce its operating costs by about $1 billion over five years.
Australia's second biggest telecommunications provider Optus is cutting 320 jobs in a number of divisions and says that more redundancies will take place in the next 12 months. However, the telco said it would also be adding 140 new roles.
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