The news should come as little surprise. Telstra has been under increasing pressure from investors to cut costs in recent ...

Australia’s largest telco, Telstra, will cut hundreds of jobs, taking an axe to its headcount amid pressure from investors to ...

Telstra’s latest job cuts come after CEO Vicki Brady told investors in May the company’s use of AI systems would contribute ...

Then, in January, Telstra announced a $700 million AI joint venture with consultancy giant Accenture, to build specialised AI tools for its teams to “work smarter and faster”.

Telstra has rejected accusations from the Communications Workers Union that the rise of artificial intelligence has sparked plans to axe 550 jobs from the telco and Australians should prepare ...

Telstra has rejected accusations from the Communications Workers Union that the rise of artificial intelligence has sparked plans to axe 550 jobs from the telco and Australians should prepare ...

Telstra says hundreds of job cuts are linked to its restructure of a division providing professional services which had ...

Australian operator Telstra reportedly confirmed it is proposing 550 job cuts, but argued that AI adoption was not a reason for the move.

As for Telstra, the broker also believes that its shares are fully valued after rising strongly in 2025. It adds: Telstra's 5G rollout and infrastructure upgrades support long term earnings.

Oracle, Accenture and Lennar headline this week's earnings watch as Q2 growth estimates hit a post-COVID low.