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>SINGAPORE Telecommunications will cut 115 jobs in Australia, where it gets about two-thirds of sales, to reduce costs, Bloomberg news reported on Monday.
The job eliminations are equal to about 1 per cent of Optus Pty's 10,700 workforce, the Sydney-based company, a unit of Singapore Telecom, said in an e-mail on Monday.
The reductions will take place across the Networks division, including management, operational and engineering workers, Optus said.
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