Singtel Optus will sack 440 workers over the next two months in what it says is a bid to reduce the number involved in back-office work.
Australia's second largest telco Optus suffered a drop in profits for the quarter ending 30 June despite increasing revenue and subscriber numbers. The company's latest financial report for the quarter to the end of June this year revealed net profits for the three months dropped by 3.5% to $154 million from $160 million for the corresponding period in 2017.
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