Telstra to cut 2,800 jobs but chief executive insists change won’t affect retail customers

Communications Workers Union rejects claim by Vicki Brady, stating ‘it will have a devastating impact on services’

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Telstra has announced it will cut 2,800 jobs when overhauling its enterprise business, with the chief executive, Vicki Brady, saying it was a “very hard day” for the telecommunications giant.

Brady, in an announcement to the Australian Stock Exchange, said resetting the Telstra arm that services large businesses and government agencies would lead to a “streamlined product portfolio”; a reduced number of network applications and services products; and simplified customer sales and service.