Consultation on 377 of those roles would begin immediately, mainly from areas supporting the products and services to be exited in its enterprise business, Telstra said. The company expects to record one-off restructuring costs of A$200 million ($133.36 million) to A$250 million in fiscal 2024 and 2025. Telstra reiterated its earnings forecast for 2024 and said it expects underlying earnings before interest, taxes, depreciation, and amortization for 2025 between A$8.4 billion and $8.7 billion.
Australia s Telstra to Cut up to 2,800 Jobs by Year-End to Simplify Operations usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Telstra to slash 2,800 jobs as part of simplifying business telecomlead.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telecomlead.com Daily Mail and Mail on Sunday newspapers.