<ul data-eligibleForWebStory="false"><li>Telstra plans to cut 550 jobs as part of a restructuring exercise to streamline operations.</li><li>The layoffs represent less than two per cent of Telstra's workforce and follow a previous downsizing initiative.</li><li>The company is resetting its enterprise division to align with changing business needs and customer expectations.</li><li>The job cuts are not related to artificial intelligence or automation and are aimed at enhancing efficiency and sustainability.</li></ul>

Telstra to cut 550 jobs in latest phase of overhaul

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