Salmat slides on Telstra call centre loss

 

May deadline to find new jobs for staff.

Salmat shares slid six percent following Telstra's decision not to renew contracts for 742 staff at outsourced call centres across the eastern states.

Shares recovered slightly to be down 5.5 percent to $3.90 in late trade.

In a statement to the stock exchange, Salmat said it was "notified by Telstra that Telstra no longer requires the provision of certain call centre services from Salmat".

"The notification covers the bulk of of the call centre services Salmat currently provides to Telstra," the statement read.

Trying to put a brave face on the loss of business that will cost it $4 million to $5 million a year or about 5 percent of its annual revenue, Salmat said it was in line with the provider's "strategy ... to move away from labour hire call centre contracts".

Salmat has until May to find jobs for the 742 outsourced call centre staff affected in:

  • Surry Hills, NSW, 330 jobs
  • Geelong, Victoria, 163
  • Wagga Wagga, NSW,142
  • Bundaberg, Queensland, 107

Copyright © iTnews.com.au . All rights reserved.


Salmat slides on Telstra call centre loss
 
Readers of this article also read...
 
 
Top Stories
Photos: Microsoft's new Surface 3 tablet
Microsoft has pared down the specs in favour of portability.
 
Is your lawyer smarter than IBM's Watson?
Sparke Helmore CIO Peter Campbell expects machine learning to take a chunk out of law firm profits. But he’s far from downcast.
 
Australia passes data retention into law
Mammoth last-ditch effort by Greens, indies knocked back.
 
 
Sign up to receive iTnews email bulletins
   FOLLOW US...
Latest Comments
Polls
Do you support the Government's data retention scheme?

   |   View results
Yes
  9%
 
No
  91%
TOTAL VOTES: 1432

Vote