Business News

Telstra says slashing almost a tenth of its workforce will help save $350 million. Why is the business under pressure?

Written by Mark A Gregory, Associate Professor, School of Engineering, RMIT University

On Tuesday, Telstra announced it will be cutting up to 2,800 jobs as part of a major restructure.

Of these layoffs, 377 will take effect immediately from within the Telstra Enterprise business unit. Most of the remaining cuts will be announced in detail soon and finalised by the end of the year.

The announcement followed a review of the...

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Telstra says slashing almost a tenth of its workforce will help save $350 million. Why is the business under pressure?

Advantages of Cloud Accounting Software for Australian Businesses

Australian inflation jumps, adding to chances of an RBA interest rate hike

A new company tax mix has been proposed. We need to be careful how we assess it

Back to school: what are the money lessons to teach your kids at every age?

After the Market’s Rollercoaster Year, It’s Time to Bring Back “Boring” Stock’s

How this ‘dirtbag’ billionaire chose to do capitalism differently

Traditions of Rural Bali at Villa Sabana

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property

10 ways to use shipping containers for business

As a small business owner, here’s how I’m dealing with the coronavirus crisis

Proposed new laws risk reducing flexibility for casuals

Refunds to Revenue: AI and loyalty perks help retailers in post-holiday hangover

Stop reading from the script: Why authenticity is the customer success secret weapon

From Check-in to Touchdown: How AI and smarter systems are transforming the travel industry

Online Christmas shoppers fund climate and biodiversity projects via HealthPost's Click Sphere for Good initiative

US landmark settlement protects SMEs, highlighting flaws in the RBA's proposed blanket card surcharging ban for Australia

Thryv Australia named Employer of Choice for third consecutive year at Australian Business Awards

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Navigating the Cosmetic Advertising Crackdown Before September Guidelines Hit

Defining Actionable AI for Australian IT Efficiency and Security