Telstra’s announcement that they will drastically cut its workforce is putting short-term profits above long-term services for the Australian community.
CEPU NSW Branch Secretary and National President Shane Murphy said the announcement represented one of the largest job cuts in Australian corporate history.
“Telstra’s decision to slash 8,000 jobs will devastate thousands of Australian families and have a significant impact on Telstra’s ability to deliver for consumers.
“The only other time in Australian corporate history when we’ve seen so many jobs slashed was at Ansett in 2001 — and that was due to its collapse!
“This company is far from collapsing.
“The industry is booming and its services are weaved into the fabric of the everyday lives of pretty much every single Australian — and Telstra is the market leader.
“This company was given a government-backed head start and has continued to put corporate greed above the needs of its workforce and the community since privatisation.
“Telstra has clearly chosen to prioritise short term profits to keep shareholders happy, instead of investing in the future of Australia’s network.”
In the wake of this disgraceful announcement, Telstra has confirmed to your Union that it will not pursue any reduction in your redundancy benefits as part of enterprise bargaining.
The Union will be holding a press conference at 1:30pm today, prior to bargaining recommencing later in the afternoon where we will be seeking detailed information on exactly where these cuts will come from and the roles that will be impacted.
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Have something to say? We want to hear from you. Let us know what you think by emailing feedback@cepu.org.
Time to step up
Ask your colleagues who are not yet CEPU members to join today.
Our strength is in numbers and a strong CEPU is how we will put members in the best possible position in the wake of this disgraceful announcement and to protect and advance your hard-won conditions in this round of EA bargaining.
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