Telstra To Axe 752 Jobs In Second Mass Sacking
Telstra has informed unions it plans to axe another 752 jobs across the country, as the telco embarks on its second mass sacking since announcing its ‘T2022’ strategic overhaul in June.
Announced by the Community and Public Sector Union (CPSU), the cuts will reportedly affect every Australian state and territory, however, will be partially offset by the creation of 347 new roles.
The news comes as Telstra seeks to deliver ~$1 billion in cost savings by 2022, with a quarter of its workforce [~9,500 roles] set to go.
The first round of job cuts – affecting around 1,100 roles – occurred in August last year.
CPSU Deputy National President, Brooke Muscat-Bentley, claims the “self-destructive” and “short-sighted” plan ignores harm caused to Telstra staff, services and customers.
“Sadly we believe this is just the start for the jobs apocalypse planned by Telstra management. Clearly sacking one in four workers isn’t going to help with faltering customer satisfaction in Telstra’s services.”
Ms Muscat-Bentley affirms the telco isn’t treating remaining staff “any better”, and is standing in the way of union efforts to negotiate a fair and decent enterprise agreement.
“Of particular concern is Telstra’s continuing refusal to agree to provide a dignified redundancy process, and that the company is still pushing what’s an effective wage cut on staff,” she remarks.
“The only way for Telstra to halt its sad decline is for the company to recognise that its workforce is the company’s best asset”
“Industrial action is a possibility as we explore ways to make Telstra management see sense.”
The news comes as Telstra continues to ramp up investment in 5G technology, with Chief Executive Andy Penn announcing it’s inked exclusive agreements with the world’s biggest brands for 5G devices in the first half of the year.
The T22 strategic overhaul has seen a complete re-shuffle of Telstra’s senior management, followed by a record 62% of shareholders voting against its executive remuneration report.
Some shareholders have slammed Telstra executives for receiving large bonuses as it pursues a net reduction of over 8,000 jobs.