Original URL: http://www.theregister.co.uk/2011/07/27/optus_job_cuts/
Optus slices fat from management ranks
250 jobs set to go
Optus is tightening up its middle and senior management ranks, confirming that it is shedding 250 positions.
The carrier said that the redundancies were the result of a wide ranging business review which assessed the structure and capability mix to support its ongoing business transformation.
An Optus spokesperson confirmed that 250 roles would be made redundant, affecting 180 current employees, with the further 70 positions applying to vacant roles which have been withdrawn from the job market. Optus currently employs over 10,000 people.
At this stage, no further redundancies are planned as part of this project.
“The impacted roles are the result of the rationalisation of management structure, role consolidation, team reorganisation and removal of duplication following a business review,” the spokesperson said.
The firm said the affected roles impact employees at middle and senior management levels across sales, commercial, marketing and back-office functions in all business units, including its wholly-owned subsidiaries.
“These changes will assist in lowering operating expenditure and deliver incremental productivity gains to enable Optus to compete in a rapidly changing market and manage growth for the digital future,” the spokesperson added.
The last time the carrier shed a significant amount of staff was September when its cut 56 roles across Optus Business and Alphawest as part of a cost cutting drive and reduction in duplication of functions. ®