STATEMENT - Telstra announcement
20 June 2018
is a difficult day for the staff of Telstra and our thoughts are very much with
have spoken to Telstra CEO Andy Penn who has assured me that the workforce
reduction will occur over a number of years.
Telstra has established a $50 million fund to assist affected staff during this
transition. Telstra advise this will allow some staff to be redeployed within
the company, while staff leaving the company will be given the assistance they
has a telecommunications sector which is intensely competitive and constantly
Australian businesses operate in a competitive environment which is why the
Government will continue to seek to secure the passage of our company tax plan
through the Parliament.
Authorised by Senator the Hon Mitch Fifield, Liberal Party of Australia, Parliament House, Canberra.