Cable / Telecom News

Telus staff cuts in part to get ahead of regulatory challenges: Entwistle

Large cuts hark back to time Telus threatened 5,000 cuts during wireless review By Ahmad Hathout Telus announced Friday it is cutting 6,000 jobs across its telecom and information technology business, which president and CEO Darren Entwistle partly attributed to getting ahead of regulatory changes. The job losses are split across Telus and its IT business Telus International, with losses of 4,000 at the former and 2,000 at the latter. “It is with heavy heart that we are seeking to reduce 6,000 staff positions across our global footprint,” Telus said in its second-quarter results release, adding it is also “offering...