Australia / Optus and SingTel / 934 Job cut

SingTel’s Australian subsidiary Optus has shed 184 additional roles outside of its original plan of 750.

The company revealed in SingTel’s Q2 results today that it had shed 746 roles in the year between September 30, 2011 and September 30, 2012, which the company had forecast earlier this year as part of a major restructure of the Australian business. Between March and June, Optus shed 475 staff, to a headcount of 9,178, and between June and September, the company reduced its headcount by a further 109. In October, the company made an additional cut of 350 roles. In total, the company has now cut 934 roles.

Optus’ chief consumer officer Kevin Russell told ZDNet today that in the course of assessing the company, it had found “more opportunities” for efficiencies in the staffing numbers.

“We have found more opportunities than expected, in terms of efficiencies. The last part of that is just being clearer on our focus as a business, and clearer in the things we are going to execute well in the next two or three years,” he said…

Choosen excerpts by JMM from

via Optus job cuts pass 900 | ZDNet.