Close X
Tuesday, November 19, 2024
ADVT 
National

Telus slashes 6000 jobs

Darpan News Desk The Canadian Press, 04 Aug, 2023 11:32 AM
  • Telus slashes 6000 jobs

Vancouver-based Telecom giant Telus is reporting a dismal second quarter and it's responding by cutting six-thousand jobs -- just under six per cent of its workforce.

Telus says four-thousand jobs will be cut from its main operations while a further two-thousand jobs will be trimmed at Telus International.

This as the company says its second-quarter net income fell almost 61 per cent -- to 196-million dollars -- when compared the April to June period last year.

Telus president Darren Entwistle says the job cuts were made with "a very heavy heart."

MORE National ARTICLES

62 year old woman robbed by 5 unknown males: Abbotsford Police

62 year old woman robbed by 5 unknown males: Abbotsford Police
During the robbery, the suspects presented a firearm demanding money from the victim before stealing and leaving in the victim’s vehicle. Both the victim’s stolen vehicle and the suspect vehicle used to arrive at the victim’s property have been located and seized by police. Although shaken, the victim and other occupants at the property were not injured.

62 year old woman robbed by 5 unknown males: Abbotsford Police

No charges to be pressed in violent killing of Indo-Canadian activist

No charges to be pressed in violent killing of Indo-Canadian activist
Amar, a 40 year-old father of three, was fatally injured on August 31, 2022 during a physical altercation between two neighbours, leading to the arrest of one person. British Columbia (BC) Prosecution spokesperson Dan McLaughlin told Global News that the case didn't meet the standard for charge assessment according to the Crown.

No charges to be pressed in violent killing of Indo-Canadian activist

Surrey crash on Highway 10 and King George Blvd leaves a man dead

Surrey crash on Highway 10 and King George Blvd leaves a man dead
The crash Monday night left a man in his 50s dead.  At around 8:07pm, the vehicle was travelling northbound on King George Blvd when it went off road.

Surrey crash on Highway 10 and King George Blvd leaves a man dead

Battle looming over Canada's defence spending

Battle looming over Canada's defence spending
The budget document says spending by the Defence Department will reach nearly $40 billion by 2026-27 as a result of those additional investments, but the government is not saying what that means as a share of Canada's gross domestic product.    

Battle looming over Canada's defence spending

Federal spending on staff grew during pandemic

Federal spending on staff grew during pandemic
The Parliamentary Budget Office says the increase in salaries was the largest contributor to the rise in total compensation, but spending on pensions, overtime and bonuses also grew at a faster rate.

Federal spending on staff grew during pandemic

Vancouver's March home sales down 42.5%: REBGV

Vancouver's March home sales down 42.5%: REBGV
Last month's sales totalled 2,535 compared with 4,405 sales in March 2022 and 1,808 in February. The B.C. board says the numbers signal that March home sales are making a stronger than expected spring showing so far, despite elevated borrowing costs.

Vancouver's March home sales down 42.5%: REBGV