M2 to wield jobs axe after buying binge

M2 Telecommunications to cut more than 10 per cent of its local workforce after string of high-profile acquisitions.

M2 Telecommunications is preparing to cut more than 10 per cent of its Australian workforce after identifying more than 100 duplicated roles it has picked up through a string of high-profile acquisitions.

Some 150 roles across administration, customer service, technology, provisioning and sales have been targeted for redundancy at the acquisitive telecommunications company, which is looking to remove $6 million in unnecessary costs this year.

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