Telstra: 550 jobs cut

Telstra cut 550 positions (2% of workforce) to simplify enterprise business. Company cited AI efficiencies would enable further reductions by 2030. The connection to AI is moderate — while the company is investing in AI capabilities, the layoffs were attributed to broader restructuring alongside technology adoption. Of the 550 total positions affected, our methodology estimates that approximately 220 roles (40%) are attributable to AI-driven changes. This is part of a broader pattern in Telecommunications where companies are restructuring operations around AI capabilities while reducing headcount in functions susceptible to automation.