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Telstra and Accenture to cut 209 jobs in AI venture, moving some work to India for cost savings.
Telstra and Accenture are planning to cut 209 jobs from their $700 million AI joint venture, with some work to be moved to India to improve cost efficiency and leverage advanced AI capabilities.
The move follows Telstra’s earlier 2024 cuts of up to 2,800 roles and is part of a broader trend among Australian firms like KPMG, NAB, and CBA to reduce costs through offshoring.
Affected employees may be redeployed within Telstra or Accenture or supported through career transition programs.
The company reported strong profits driven by a 6% drop in operating expenses and will release its half-yearly results on February 19, 2026.
Telstra y Accenture recortarán 209 empleos en la empresa de IA, trasladando parte del trabajo a la India para ahorrar costes.