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Headcount reductions targeting management will not translate to lower wholesale pricing as NBN Co focuses on network quality.
David Kennedy · Venture InsightsPeriod: March 20234 min read
Last updated
Reduction in NBN Co total headcount
Estimated number of staff roles to be cut
This report analyzes NBN Co's announcement to reduce its headcount by approximately 10%, or 500 roles, primarily targeting general management. Despite pressure from Retail Service Providers (RSPs) for lower wholesale pricing following these cost reductions, the brief argues that such concessions are unlikely. NBN Co is instead prioritizing network upgrades to compete with alternative fibre and LEO satellite providers, while managing an accumulated loss overhang of $30 billion.
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