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What’s behind Telstra’s pointed message for the government

Telstra isn’t getting the returns it should on its huge capital expenditure bill. Vicki Brady wants to change that by pulling three levers.

Vicki Brady had made another tough call.

In May, the Telstra chief executive announced that she would cut up to 2800 jobs – about 9 per cent of Telstra’s workforce – as part of the reset of the telecommunications giant’s struggling enterprise division.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/chanticleer/what-s-behind-telstra-s-pointed-message-for-the-government-20240815-p5k2sw