Telstra is set to axe over 200 jobs as part of its massive artificial intelligence (AI) rollout. The telco has announced that it will be scaling back certain operations in favour of a joint venture with technology consultancy Accenture, which promises to drive efficiency and productivity.
Under the deal, Telstra and Accenture will form a $700 million partnership aimed at modernizing and growing the data and AI ecosystem. However, this means that around 209 jobs will be cut, with the majority being in roles where work is no longer required or can be done by machines.
The joint venture will see Accenture bring its global capabilities, advanced AI expertise, and specialist hub in India to Telstra's operations. This move aims to deliver a faster data and AI roadmap for customers, while also achieving improved cost efficiencies over time.
Affected employees have been informed that they will have access to career transition programs and retrenchment benefits. While this may provide some support, it remains to be seen how many jobs will actually be lost due to the shift towards AI.
This latest move follows Telstra's announcement last year that 2,800 enterprise business jobs would be cut. The telco claims that this move will help drive productivity and growth, with CEO Vicki Brady hailing AI as a key driver of change in the industry. However, critics have raised concerns about the impact on human workers as machines take over routine tasks.
The joint venture is seen as a significant step forward for Telstra's data and AI efforts, but it remains to be seen whether this move will ultimately benefit or harm employees and the wider community.
Under the deal, Telstra and Accenture will form a $700 million partnership aimed at modernizing and growing the data and AI ecosystem. However, this means that around 209 jobs will be cut, with the majority being in roles where work is no longer required or can be done by machines.
The joint venture will see Accenture bring its global capabilities, advanced AI expertise, and specialist hub in India to Telstra's operations. This move aims to deliver a faster data and AI roadmap for customers, while also achieving improved cost efficiencies over time.
Affected employees have been informed that they will have access to career transition programs and retrenchment benefits. While this may provide some support, it remains to be seen how many jobs will actually be lost due to the shift towards AI.
This latest move follows Telstra's announcement last year that 2,800 enterprise business jobs would be cut. The telco claims that this move will help drive productivity and growth, with CEO Vicki Brady hailing AI as a key driver of change in the industry. However, critics have raised concerns about the impact on human workers as machines take over routine tasks.
The joint venture is seen as a significant step forward for Telstra's data and AI efforts, but it remains to be seen whether this move will ultimately benefit or harm employees and the wider community.