Feeds

14,000 Telstra jobs at risk

Telco denies union claims

Eight steps to building an HP BladeSystem

There are fears that as many as 14,000 telecoms jobs could be axed in Australia following the privatisation of incumbent telco Telstra.

The Community and Public Sector Union (CPSU) has called on Telstra management and the Government to release a confidential 104-page document which it says details the job cuts and other cost cutting measures.

"The document is believed to detail plans to cut more than ten thousand Telstra jobs, many in rural and regional Australia," said the CPSU in a statement.

The union is concerned that in a bid to cut overheads and maximise profits for shareholders, the quality of Telstra's service will dip especially in rural areas. It has also raised concerns about whether other jobs will be offshored to countries such as India and China.

"This document raises serious questions," said Stephen Jones of the CPSU. "In the interest of transparency and informed public debate on Telstra, this document should be released immediately," he said.

The matter is deemed so serious the Australian Stock Exchange is now investigating following the intervention of opposition politician Senator Stephen Conroy.

In a statement the telco said: "Telstra has not taken any decision to cut 10,000 jobs as stated by Senator Conroy or 14,000 as reported in the media."

It also added that it was "not aware of the specific document referred to" and that "there are no documents of which Telstra is aware recommending job cuts of the magnitude referred to by Senator Conway".

Instead, telco said it was concerned that the investigation was being used "for political ends". ®

Mobile application security vulnerability report

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
Bose says today IS F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.