Critical.
Authoritative.
Strategic.
Subscribe to CIO Magazine »

More jobs axed as Optus restructures

David Epstein, VP corporate and regulatory affairs, said the job cuts are a result of business changes the telco began last year.

Optus has confirmed it will be making further redundancies this year, following cuts totaling nearly 1000 jobs in the 12 months to 31 December, 2012.

The Australian Financial Review reported the job cuts are expected to be less than the 962 jobs it cut in 2012.

David Epstein, VP corporate and regulatory affairs, said the job cuts are a result of business changes the telco began last year.

“These changes will see Optus elevate the prominence of branded activities, increase focus on building its fixed business in an NBN environment, ensure our marketing decisions are customer led, remove duplication and streamline technology to improve efficiency of its internal IT systems and networks,” he said in a statement.

Business changes include moving mobile product and services development from marketing to the customer division.

Optus has also created a new team to focus on its fixed business to take advantage of National Broadband Network (NBN) opportunities, which will be headed up by Martin Mercer, former CEO of VividWireless.

It will also form a ‘brand and marketing communication’ group to focus on brand development and customer communication and engagement.

The telco will ‘streamline’ its IT and network functions to achieve greater efficiencies.

“Optus expects to make further consequential changes to some roles in its current organisational structure as the program is implemented,” Epstein said.

The redundancies come on the back of other telco and IT job cuts in 2012.

In November last year Vodafone reportedly cut around 500 jobs as part of a company restructure, although the company told Computerworld Australia it did not release figures on staff numbers.

In August 2012, Telstra announced it was proposing to cut 651 jobs and close two customer service centres in Lismore and Townsville following reductions in call volumes to customer service.

Optus announced for the nine months to 31 December, 2012, operating revenue dropped 4.4 per cent to $6.8 billion.

It initially announced in May this year that around 750 jobs would be cut.

Follow Stephanie McDonald on Twitter: @stephmcdonald0

Follow Computerworld Australia on Twitter: @ComputerworldAU

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

More about: Australian Financial Review, Australian Financial Review, Optus, Telstra, Vodafone
References show all
Related Coverage
Related Whitepapers
Latest Stories
Community Comments
Tags: Vodafone, Boral, redundancies, optus, Telstra
Latest Blog Posts
Whitepapers
  • Endpoint Protection Overview
    With the exponential growth and sophistication of malware today, the security industry can no longer afford to ‘bury its head in the sand’. The bottom line is that traditional endpoint security protection is now ineffective due to the sheer volume, quality, and complexity of malware. This paper looks at this problem and how Webroot, by going back to the drawing board on countering malware threats, is revolutionising endpoint protection and solving the issues that hinder existing endpoint security solutions. Download now.
    Learn more »
  • Six Reasons to Empower Your SharePoint Citizen Developers
    More and more business applications are being created by “citizen developers” - end users who are not IT developers but who create solutions for themselves and their groups. This white paper explores six reasons to embrace citizen development in an intelligent way that minimises risks and maximises the return on your SharePoint investment. Read now.
    Learn more »
  • Spear-Phishing Email: Most Favored APT Attack Bait
    This research paper presents findings on APT-related spear phishing from February to September 2012. We analysed APT-related spear-phishing emails collected throughout this period to understand and mitigate attacks. The information we gathered not only allowed us to obtain specific details on spear phishing but also on targeted attacks. We found, for instance, that 91% of targeted attacks involve spear-phishing emails, reinforcing the belief that spear phishing is a primary means by which APT attackers infiltrate target networks.
    Learn more »
All whitepapers
rhs_login_lockGet exclusive access to Invitation only events CIO, reports & analysis.
Recent comments