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Stock impact report

Telus offers buyouts to about 700 employees across Canada [Globe and Mail, The (Toronto, Canada)]

Telus Corporation Ordinary Shares (TU) 
Last telus corporation ordinary shares earnings: 2/13 06:45 am Check Earnings Report
US:NYSE Investor Relations: telus.com/en/about/investor-relations
Telus Corp. has offered severance packages to about 700 employees across Canada, according to the unions representing those employees. CUPE says the voluntary offers affect 100 members of the union representing Telus employees in Quebec, SQET-CUPE 5044; 90 members of the union representing Telus management staff, SAMT-CUPE 5144; and approximately 510 members of the Syndicat des Métallos, the Quebec branch of the United Steelworkers Union. The unions represent office workers as well as trades workers. According to Luc Pouliot, the president of SQET-CUPE 5044, Telus told employees that the offers were the result of a reduction in workload. He said that over the past 10 years, the company has moved many of its customer service jobs, formerly based in Quebec, to countries such as Morocco and Romania. In a statement, Telus said it has made significant investments in its technology that have enhanced the reliability and efficiency of its infrastructure. To further support this tran Show less Read more
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