"The review of Telstra Enterprise is ongoing and the challenging market conditions it is facing remain the same," noted the operator, which said consultation with 377 of the affected staff would begin immediately. The telco says it needs to cut costs in order to maintain its investment levels in its network infrastructure as data traffic volumes continue to ramp up. In addition to the "reset" of Telstra Enterprise, Telstra plans to "reshape some of its internal operations by moving its Global Business Services function into other parts of the business. This will help simplify processes and empower leaders closest to customers to make more decisions," the operator noted in an announcement to the Australian Stock Exchange (ASX).