Telus Corp. will lay off 1,500 positions as it boosts dividend payments to shareholders. There was essentially no information on just where such cuts will occur but the company said many job loses would be “voluntary departures.” Telus has a large switching operation on Laird Drive. The Vancouver-based company operates one of Canada’s biggest telecommunications networks. It said that the layoffs will save as much as $125 million a year. At the same time, Telus told shareholders it would raise their dividend payments by five per cent to 44 cents per share, starting in January, after hiking its dividend earlier this year.
