Telstra job cuts: treasurer says government will test telco's claims on new strategy

Telstra says it needs to cut costs to keep investing in infrastructure and innovation while the treasurer, Jim Chalmers, says companies need to balance staffing needs with technology improvements.
Subscribe to Guardian Australia on RUclips and hit the bell to see new videos ► bit.ly/gdnaustraliasubs
Telstra has announced it will cut 2,800 jobs when overhauling its enterprise business. The telco's chief executive says the change won’t affect retail customers, a claim rejected by the Communications Workers Union.
Telstra to cut 2,800 jobs but chief executive insists change won’t affect retail customers ► www.theguardian.com/business/...
Follow the Australia news live blog for the latest updates ► www.theguardian.com/australia...
Support the Guardian ► support.theguardian.com/contr...
Website ► theguardian.com/au
Facebook ► / theguardianaustralia
Instagram ► / guardianaustralia
Twitter ► / guardianaus
TikTok ► / guardianaustralia
LinkedIn ► / guardianaustralia
Subscribe to the Guardian's other RUclips channels:
The Guardian ► bit.ly/guardiannewssubs
Guardian News ► bit.ly/guardiannewssubs
Guardian Football ► bit.ly/gdnfootballsubs
Guardian Sport ► bit.ly/gdnsportsubs
Guardian Live ► bit.ly/guardianlivesubs
#guardianaustralia #news #breakingnews #theguardian