Beazley: Telstra job cuts just the beginning

The axing of up to 12,000 jobs at Telstra is a taste of things to come, according to federal Opposition leader Kim Beazley.

Australia's largest telco will slash up to 12,000 jobs over five years as part of a major restructure to cut costs and boost revenue.

Chief executive Sol Trujillo said the company has to act to quickly to meet the challenges posed by a market in which fixed line revenues were falling.

He said Telstra could no longer rely on its massive public telephone network to provide the bulk of its revenues, with new technologies overtaking the network and Australians moving closer to "a wireless world".

Beazley blamed privatisation and said it was a "taste of things to come."

However, Prime Minister John Howard accused Labor of "exaggerating and scaremongering".

Despite the cuts Nationals' Leader Mark Vaile said Telstra will still have to abide by its delivery service commitments to country Australia.

Vaile said he expected any redundancies to take place through natural attrition within Telstra.

He said while job cuts were regrettable, they might be a reflection of the change Telstra had to go through to accommodate new technologies.

"It's a company that needs to operate its affairs in the interests of the shareholders and at the same time as providing services to all Australians and according to the laws of the land," he said.

"I'm not condoning the announcement that Telstra has made with regards to the workforce, but we need to understand that many businesses are changing their shape and form."

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Sandra Rossi

Computerworld
Show Comments

Cool Tech

Breitling Superocean Heritage Chronographe 44

Learn more >

SanDisk MicroSDXC™ for Nintendo® Switch™

Learn more >

Toys for Boys

Family Friendly

Panasonic 4K UHD Blu-Ray Player and Full HD Recorder with Netflix - UBT1GL-K

Learn more >

Stocking Stuffer

Razer DeathAdder Expert Ergonomic Gaming Mouse

Learn more >

Christmas Gift Guide

Click for more ›

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?