Telus announces 6,000-person layoff

VANCOUVER –

Telus Corp. says it’s chopping 6,000 jobs.

The Vancouver-based telecommunications firm says the minimize contains 4,000 staff at its principal Telus business and one other 2,000 at Telus International.

The firm additionally says it should supply early retirement and voluntary departure packages.

Financial markets knowledge agency Refinitiv says Telus had 108,500 staff on the finish of final 12 months.

Plans to scale back its workforce have been introduced concurrently the corporate revealed its second-quarter web earnings fell virtually 61 per cent from the identical interval final 12 months to $196 million.

The firm’s web earnings amounted to 14 cents per share for the quarter ended June 30 in contrast with 34 cents per share in the identical quarter a 12 months earlier

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