Westpac shedding workers
Westpac has announced plans to cut a further 70 jobs from across their business.
The sackings include the offshoring of some roles, and breaks down into 51 Commercial Banking roles, 14 Everyday Banking Services roles, 4 Consumer Third Party roles and 1 BTFG Lending Mortgage Insurance role.
The Finance Sector Union has criticised Westpac for its claim to be ‘one of the world’s great service companies’.
The union says it will be hard to regain the public's trust after continued public scrutiny, and that the cutting of another 70 jobs from the Westpac Group raise doubts about the sincerity of their claims.
“It is hard to see how Westpac will regain the public's trust without investing in quality Australian jobs and services,” the FSU said in a statement.
The Westpac Group Enterprise Agreement 2016 includes a requirement for consultation periods to consider members feedback about proposed changes, as well as a redeployment process that includes access to case managers and consideration of employee preferences.