Friday, 28 April 2017 06:02

Optus cuts 320 jobs, says more to go in next 12 months


Australia's second biggest telecommunications provider Optus is cutting 320 jobs in a number of divisions and says that more redundancies will take place in the next 12 months. However, the telco said it would also be adding 140 new roles.

The company's plans were to make cuts in its marketing, networks, IT, human resources, wholesale, satellite, corporate and small-to-medium size business divisions, a report in The Australian Financial Review says, quoting sources in the know.

The telco confirmed the cuts, with a spokesperson telling the AFR: "Since launching a new strategic direction just over two years ago, Optus has made a number of operational changes to reposition its business as a highly integrated, innovative, and content-driven multi-media brand."

"Today employees across the organisation were updated on the strategy. A number of employees were informed of changes to their individual reporting lines, and around 320 employees were advised that their roles have been made redundant.

"We are working with employees who are affected by these changes, including looking at redeployment opportunities where possible."

And the spokesperson added: "Optus will continue to review its cost base and evolve the way we work.

"As a result, we anticipate that we will make a number of further structural changes to our business this financial year, which will result in further redundancies over the next 12 months."

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Sam Varghese

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Sam Varghese has been writing for iTWire since 2006, a year after the site came into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.



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