Communications Workers Union rejects claim by Vicki Brady, stating ‘it will have a devastating impact on services’
Telstra has announced it will cut 2,800 jobs when overhauling its enterprise business, with the chief executive, Vicki Brady, saying it was a “very hard day” for the telecommunications giant.
“The actions we are announcing today are difficult, but they are necessary to be a more efficient and sustainable business to ensure we can keep investing at the level required to meet the ever-increasing demand for our connectivity,” Brady told reporters.The chief executive said the changes were needed to deal with inflation and higher energy costs – as well as tough market conditions.
Brady said the growth in data meant the company needed to make significant ongoing investments in infrastructure. In February, Telstra announced a review of its enterprise business. The review remains ongoing and Telstra said it came amid “challenging market conditions”.
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