Comment Running the business as needed (Score 3, Interesting) 10
It's not like the company hired all of their employees last year, and now suddenly realizes they screwed up. Telus has hired people over the course of decades. Needs of the business change over time. For instance, there's been a multi-year fibre rollout that the company is wrapping up. The build-out phase has ended, so it's not unreasonable that the company might do some rightsizing.
Additionally, 1/3 of the layoffs are also hitting Telus International, which isn't part of the capital-intensive telco business. Telus International announced that their customers are cutting back, so naturally they need to react.