The news follows the company’s completion of its network’s initial build and forms part of a wider restructuring plan.
“For a decade we have been single-minded in our mission to build a fast, reliable and secure broadband network to serve the needs of customers today and benefit the nation for generations to come,” said NBN co-chief executive Stephen Rue (pictured).
“As we have approached the final stages of the initial build, we have talked about changing the size and shape of the organisation and we are now preparing for the next phase of the company’s evolution.”
Specifically, Rue confirmed that the company would reduce its workforce from just over 6,000 staff to just over 5,000 by the end of 2020.
“NBN Co currently employs around 6,300 employees and has managed the size of its external workforce of specialist contractors in line with requirements to complete the final stages of the initial build,” continued Rue.
“As we transform for the future, NBN Co will become a smaller organisation, moving to an organisation of around 5,500 people by the end of this calendar year.”
Most of the company’s internal restructuring plans has been on hold over the last six months due to the impact of Covid-19 and the need to prioritise resources.
Starting 3 August 2020, NBN will undergo a significant management overhaul that will see its business silos and divisions consolidated as well as the departure of head executive Paul Tyler, and chief legal counsel and security Justin Forsell.
Specifically, the residential sales and marketing and business sales and marketing divisions will be integrated into one business unit called customer, product and marketing, led by chief customer officer Brad Whitcomb.
Additionally, a dedicated networks, engineering and security business unit will be created to “further integrate technology, architecture, engineering and network functions” led by chief network engineering officer John Parkin.
As for its network planning and deployment division, this will “integrate the design, execution and governance of all work that drives service delivery from build through to a live service,” and will be led by chief operations officer Kathrine Dyer.
While the strategy and transformation unit led by chief strategy and transformation officer Will Irving, will be expanded to include the company’s legal, data and analytics functions to be known as strategic services.
