Telus dropped 3,300 net jobs in 2024, CEO earnings decline [Globe and Mail, The (Toronto, Canada)]
Telus Corporation Ordinary Shares (TU)
Last telus corporation ordinary shares earnings: 2/13 06:45 am
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Source: Globe and Mail, The
Isabella Falsetti/The Globe and Mail Telus Corp. T-T +1.51% increase dropped 3,300 net jobs in 2024, a year when all three of the country’s largest telecoms reduced their work forces by thousands of roles and their top executives experienced declining earnings. The work force reduction at Telus, which it says largely affected management professionals, amounts to a 10-per-cent drop in the Vancouver-based telecom’s total employee count. The job losses were “based on continued technology and digital transformations in key areas of our business and advancements in AI, and in response to the continued regulatory, economic and competitive headwinds the telecom industry is facing as a whole,” Telus spokesperson Liz Sauvé said in an e-mail. Telus disclosed the work force reduction in its latest annual report, released last week, which does not clarify how many of the losses were layoffs, buyouts or departures. The company now has a total of 27,800 employees, according to the report. It’s
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TU
Earnings
- 11/7/25 - Beat
TU
Sec Filings
- 12/16/25 - Form 6-K
- 12/15/25 - Form 6-K
- 12/12/25 - Form 6-K
- TU's page on the SEC website