Optus Jobs Shake-Up: 200 Cuts, Net +700 Onshoring — February 27
Optus job cuts are in focus as the carrier trims about 200 roles while planning a net headcount rise of up to 700 within 12 months. CEO Stephen Rue told a parliamentary inquiry the increase will come from insourcing call centre work and onshoring network operations. After the Triple Zero outage and a AUD 100 million penalty, management is shifting spend to risk, security and compliance. For Australian investors watching Singtel’s plan, these Optus job cuts point to a reset in costs, service quality and regulatory trust. We outline the key impacts and what to watch.
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