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AAP
AAP
Derek Rose

Telstra layoffs the painful price of earlier mistakes

Telstra's plan to lay of 10 per cent of its workforce has been described as "scary stuff". (Lukas Coch/AAP PHOTOS)

Telstra's plan to lay off nearly 10 per cent of its workforce was the bitter fruit of mistakes made by the telco around two decades prior.

The telecommunication giant announced this week it expected to cut 2,800 employees, mostly from the underperforming network applications and services (NAS) portion of its fixed-line enterprise business.

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