annb0t
Top 20
(Reuters) - Australian lender Westpac Banking Corp will cut around 300 jobs in its consumer and business banking segments at a time of strong profit growth amid rising interest rates and soaring inflation, a local trade body said.
The Finance Sector Union of Australia (FSU) said on Friday the country's third-largest bank would reduce headcount from its Consumer and Business Banking Division, citing a Westpac internal memo seen by the union.
The potential layoffs represent 0.8% of Westpac's tot...
>>> Read more: Westpac to layoff 300 workers in business and retail unit, says trade union
The Finance Sector Union of Australia (FSU) said on Friday the country's third-largest bank would reduce headcount from its Consumer and Business Banking Division, citing a Westpac internal memo seen by the union.
The potential layoffs represent 0.8% of Westpac's tot...
>>> Read more: Westpac to layoff 300 workers in business and retail unit, says trade union
