WHY IS TELSTRA HANGING UP ON ITS LOCAL WORKFORCE?
In the fast-moving world of telecoms and digital services it’s hard to see five months ahead let alone five years but that is exactly what we are asking Telstra shareholders and customers to do.
Every day Telstra is shrinking its domestic workforce and every day it is building up a shadow one offshore, one that is trained up by Telstra staff in preparation for the day when the work heads overseas, as it is doing.
As a union we have been doing a lot of work in raising awareness of the issue and the risks that come with offshoring. There are huge business risks when you contract out work to foreign ‘industry partners’ on the scale that Telstra and other companies are currently doing.
10,000 jobs sent offshore
Working off Telstra figures our conservative estimate is that there are at least 10,000 contractors working for Telstra in India, the Philippines and Malaysia at any one time.
To put it into perspective that represents about a third of Telstra’s salaried staff complement.
It’s not just dispiriting for the workers who lose their jobs or those that are left behind see their workforce shrinking, it is also entirely unnecessary.
It’s not as if Telstra is struggling. Yes, revenue in parts of its business are facing challenges but last year it booked $3.8 billion in profits and it stands to bank hundreds of millions more from its participation in the NB
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