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Telstra to Cut 550 Roles in Latest Enterprise Restructure

The company says the cuts will streamline its Enterprise division, with employees offered support services including redeployment and redundancy packages.

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Overview

  • Telstra has begun consulting on a proposed net reduction of about 550 roles across its business as part of an ongoing reset of its Enterprise division.
  • A Telstra spokesperson said the job cuts aim to reduce complexity, create efficiencies and better align services with customer needs.
  • Employees affected by the proposed changes can seek redeployment or accept redundancy packages and will have access to a range of support services.
  • The company stressed that the latest cuts are not driven by its adoption of artificial intelligence.
  • In May 2024 Telstra announced plans to cut up to 2,800 roles in its enterprise arm as part of a reset that saved the company $350 million.