MINSK / WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of ...
Read More »Telstra plans to cut 8,000 jobs to fend off competition
Bloomberg Telstra Corp. plans to cut 8,000 jobs, sell assets and potentially spin off a new infrastructure business in a make-or-break attempt to fend off competition. The stock tumbled. Australia’s former phone monopoly, which has lost more than half its market value since early 2015, said it will almost double its cost-cutting programme. An asset carve-off will raise as much ...
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