Telus announces 6,000-person layoff, reports 61% drop in Q2 net income

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Telus announces 6,000-person layoff, reports 61% drop in Q2 net income
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Telus will also offer early retirement and voluntary departure packages.

The Vancouver-based telecommunications company said the reduction announced Friday includes 4,000 workers at its main Telus business and another 2,000 at Telus International.

Telus' plans to reduce its workforce were announced at the same time as the company revealed its second-quarter net income fell almost 61 per cent from the same period last year to $196 million. "Our resilience and ability to embrace change and continuously evolve the way we operate are cornerstones of our Telus culture and will continue to fuel our future success," he said.

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