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Telstra slashes 1,400 jobs

Telstra will shed around 1,400 employees from its workforce in the latest round of cuts at the telco, with 22 positions in Western Australia affected.

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Total Shareholder Return as at 30/06/16

1 year TSR5 year TSR
196thRio Tinto12%-1%
211thANZ Banking Group9%14%
290thWestpac-2%13%
306thTelstra-4%21%
319thCommonwealth Bank-7%14%
729 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

3rd↓Rio Tinto$49,225.3m
4th-Commonwealth Bank$27,005.0m
5th-Telstra$26,607.0m
6th↑Westpac$21,642.0m
7th-ANZ Banking Group$21,071.0m
79 listed non wa companies ranked by revenue.
Source: Morningstar

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