Jobs axed at Telstra Europe
Print storyNot such a G'day then
Posted in Financial News, 27th January 2006 11:27 GMT
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Telstra Europe axed 19 of its staff earlier this week, sources have told The Register.
Details are still sketchy, but insiders have told us the job losses are across the whole company and include techies as well as legal and finance staff.
In a statement the London-based arm of Australia's incumbent telco said: "Telstra Europe can confirm that a small number of staff have recently left the business as a result of the scheduled completion of a number of integration projects following recent strategic acquisitions."
Telstra Europe - which has more than 200 workers in the UK - has been operating in Europe for more than 14 years and offers voice and data services to SMEs and corporations in the UK.
In August 2004, Telstra Europe bought the UK business of ISP PSINet Europe for £50m. At the time, the telco said the acquisition would enable the enlarged group to provide data services as well to meet "growing demand for converged voice and data services". ®
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