Sensis is going to shred 500 jobs, about half of its workforce.
Telstra Corporation Ltd is reportedly preparing to slash as many as 500 jobs from its ailing print and digital business, Sensis.
The cuts, which amount to about 50 per cent of Sensis' estimated total workforce, were flagged by multiple sources at Telstra and Sensis, according to The Australian.
While Telstra declined to comment on the report, chief executive David Thodey last week hinted that cost cuts were on the horizon.
The company is currently attempting to reinvent Sensis as a nimble, digitally-focused enterprise.
Read more: http://m.theaustralian.com.au/australian-it/telecommunications/telstra-to-cut-half-of-sensis-workforce/story-fn4iyzsr-1226577444369
Telstra Corporation Ltd has confirmed media reports of wide-ranging job cuts at its Sensis arm, which runs Yellow Pages, White Pages and Trading Post.
In a statement on its website, Sensis said the group was launching a restructure which was likely to costs about 648 positions at the group Australia-wide.
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Those cuts are expected to include around 391 back room and customer care roles, which will be outsourced to India, a source told Business Spectator.
Sensis currently employs around 3500 staff.
Read more: http://m.businessspectator.com.au/businessspectator/#!/article/Telstra-confirms-job-cuts-at-Sensis-pd20130221-553JE?OpenDocument&src=pm&utm_source=exact&utm_medium=email&utm_content=190226&utm_campaign=pm&modapt=news&modapt=news