Telus eyes job cuts as wireless growth slows; shares fall
By Alastair Sharp TORONTO (Reuters) - Shares in Telus Corp , one of Canada's three big telecoms providers, fell on Thursday after the company reported slowing wireless growth and forecast higher restructuring costs as it announced job cuts. The company reiterated its 2015 earnings forecasts, but doubled its expected restructuring costs to C$250 million ($190 million). Telus had about 43,000 full-time employees in 2014, according to its annual report.
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