Telstra Corporation Limited (ASX:TLS) employees in the telco’s credit management divisions are reportedly in danger of losing their jobs to offshore outsourcing.

According to media reports, Telstra has provided a proposal to employees and unions to shift the positions to Asia, affecting about 116 roles.

Telstra says the changes are necessary as it strives to simplify its business and improve customer service.

Telstra generated a net profit of $1.5 billion for the first half of its 2012 financial year.