SYDNEY, June 14 (Reuters) - Australia's largest telecoms company, Telstra Corporation Ltd (TLS) , will shed about 1,400 jobs as part of a cost cutting drive, a spokesman said on Wednesday.
The move was first reported by The Australian newspaper. The spokesman said the company would issue a statement after announcing the changes to staff and declined to give further details.
Telstra in February disappointed the market with a surprise profit drop and flagged restructuring costs between A$300 million and A$500 million (226 million to $377 million) for the 2017 financial year.
News: TLS Australia's Telstra says will cut 1,400 jobs in cost-cutting drive
-
- There are more pages in this discussion • 126 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.92 |
Change
-0.030(0.76%) |
Mkt cap ! $45.29B | |||
| Open | High | Low | Value | Volume |
| $3.95 | $3.95 | $3.90 | $69.01M | 17.63M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2108 | $3.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.92 | 282151 | 15 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| TLS (ASX) Chart |