WBC News: Australia's Westpac cuts 132 jobs across divisions, says trade union - 29th Feb 2024, 10:50am

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(Reuters) - The Australian banking trade union said on Thursday that Westpac Banking Corp, one of the country's top lenders, has cut around 132 jobs across divisions, with some of these roles being shifted to companies in India and the Philippines.

From the bank's risk division, 62 roles are being reduced at a time when the country faces an "unprecedented level" of scams and cybersecurity threats, the Finance Sector Union (FSU) said in a statement.

The job cuts across the risk and operations d...

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