The joint venture between Telstra and Accenture Data and AI has suggested reducing approximately 209 jobs. The year-old cooperation aims to increase cost efficiency and streamline service. Hence, some functions are being abolished and others moved to India, according to media sources. Telstra established this seven-year joint venture in January of last year to assist with the modernisation of its data and AI platforms. All the while, developing cutting-edge AI tools and capabilities for the workforce.JV Already Consulting StaffStaff consultations on workforce reforms to eliminate unnecessary positions have commenced at the venture. On top of that, JV is thinking of relocating some operations to Accenture’s India specialist hub. The plan was presented to employees this week, according to a joint venture representative. A representative from management discussed the planned staff changes with the Data & AI joint venture team, according to the spokesperson.Among the topics of discussion were shifting some work to the JV team in India and eliminating positions where labour is no longer required. The project would be able to speed up Telstra’s data and AI roadmap by tapping into Accenture’s worldwide AI knowledge and delivery capabilities in India, according to the spokesman. Over time, the alliance anticipates… Read MoreStartupTalky- Business News, Insights and Stories
