Telecommunications giant Telus says it is trimming 6,000 jobs, citing its need to free up cash flow and remain competitive.
The cuts involve 4,000 positions at its main Telus business and 2,000 at Telus International and include offers of early retirement and voluntary departure packages, the Vancouver-based company said Friday.
Financial markets data firm Refinitiv says Telus had 108,500 workers at the end of last year.
The cuts were made with “a very heavy heart” and prompted by the “evolving regulatory, competitive and macroeconomic environment,” said Darren Entwistle, the company’s president and chief executive.
“Against the backdrop of rapid transformation in our industry and the ways in which
