The union representing Telstra workers wants all Australian businesses to follow suit with the telco’s decision to put on hold any further job cuts for the next six months as part of its contribution to national economic stimulus in response to the coronavirus outbreak.
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.
Telstra shareholders have voted to approve a salary increase for CEO Andy Penn, ignoring criticism from the union representing Telstra workers complaining about Penn's “exorbitant” $5 million pay packet.
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