Feeds

Optus to shed around 700 staff

Restructure rears its ugly head

Internet Security Threat Report 2014

Optus is poised to shed up to 700 jobs as part of a company wide restructure, according to reports. Optus officials confirmed that there would be job erosion but would not confirm the number, claiming the figure of 700 was “pure speculation.”

"Over the past few months we have been undertaking a review of our business aimed at creating a stronger organisation with a clearer focus on the customer," a spokesperson said.

"Redundancies are likely to result from this review, however we are still working through the detail and are not in a position to comment on how many people are likely to be affected at this stage."

Earlier this month, parent company Singtel revealed that it would embark on a global restructure, shifting the business into three core customer focussed units rather based on geography.

The new structure is set to take effect on April 1.

The new units include one for consumers, another for enterprise IT and a third new unit branded Digital L!fe. SingTel flagged at the time of the announcement that it would be "leveraging scale" across the group's operations in order to optimise its use of resources across different markets and save costs- which usually equates to significant job cuts. ®

Beginner's guide to SSL certificates

More from The Register

next story
HBO shocks US pay TV world: We're down with OTT. Netflix says, 'Gee'
This affects every broadcaster, every cable guy
Same old iPad? NO. The new 'soft SIMs' are BIG NEWS
AppleSIM 'ware to allow quick switch of carriers
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
Brits: Google, can you scrape 60k pages from web, pleeease
Hey, c'mon Choc Factory, it's our 'right to be forgotten'
Of COURSE Stephen Elop's to blame for Nokia woes, says author
'Google did have some unique propositions for Nokia'
It's even GRIMMER up North after MEGA SKY BROADBAND OUTAGE
By 'eck! Eccles cake production thrown into jeopardy
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.