<ul data-eligibleForWebStory="false"><li>Telstra plans to lay off 550 employees as part of ongoing restructuring, with the affected roles representing less than two percent of the total workforce.</li><li>Last year, Telstra terminated around 1900 employees as part of cost-cutting measures across its network applications and services business.</li><li>The job cuts are driven by the reset of Telstra's Enterprise business and improvements in structure and processes, not related to AI adoption.</li><li>Telstra's enterprise business has faced challenges due to reduced professional services spend, leading to previous staff reductions.</li></ul>

Telstra to axe 550 roles including in enterprise business

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