Westpac Job Cuts, Westpac has axed more than 100 jobs in its premier banking division, a week after cutting 300 jobs from head office. READ MORE: Banks keep cutting jobs - The job losses, affecting tellers and personal bankers across 99 branches nationwide, are part of Westpac’s ongoing shift to digital banking. Those Westpac’s sackings conceal empty chief officer role Audit may not be the most glamorous part of a major bank, but it still needs to be staffed. Launched in 2023, the Westpac Banking Corporation is gearing up for its most significant round of job cuts in a decade, with plans to reduce over 1,500 roles as part of a sweeping transformation strategy aimed at The Australian Financial Review revealed in May that Westpac was preparing to cut as many as 1500 staff in its biggest redundancy round in a decade. com-- Westpac Banking Corp (ASX: WBC) is preparing to cut more than 1,500 jobs in its largest round of redundancies in a decade, the Australian Financial Review reported on Tuesday Westpac Banking Corp is set to cut over 1,500 jobs as part of its cost-reduction strategy and operational streamlining efforts, according to the Australian Financial Review. NAB slashed 410 jobs earlier this month, just a day after ANZ axed 3,500 full-time roles and 1000 contractor jobs. The affected staff were informed on Westpac Banking Corp is planning to cut more than 1,500 jobs to meet its cost-reduction targets and simplify operations, the Australian The Australian banking trade union said on Thursday that Westpac Banking Corp , one of the country's top lenders, has cut 132 jobs across divisions, with some of these roles being Westpac plans to slash 1,500 jobs as CEO Anthony Miller drives cost-cutting, following disappointing results and sector-wide staff reductions Westpac to slash over 1500 jobs in major cost-cutting move These job cuts are part of Westpac's UNITE program, which started in 2023. Hannah Wootton Columnist Sep 24, Banking behemoth Westpac will cut 132 job cuts from its risk-management, operations and sales divisions, with some of the positions expected to shift offshore to India and The The job cuts to the risk division come at a time when bank customers are facing an unprecedented level of scams, FSU noted, with The Finance Sector Union (FSU) has condemned Westpac for pushing through 134 job cuts across 99 branches, calling it "heartless and disrespectful to frontline workers" less than In 2023, Westpac, NAB, Commonwealth Bank and ANZ all announced substantial cuts with the total number of job losses from the giants The Finance Sector Union has lashed out at Westpac over its decision to host a retreat after the bank slashed hundreds of jobs in the name of The Finance Sector Union says it was blindsided by Westpac’s plans to slash hundreds of jobs - the same year it posted a $7bn profit - calling on its boss to immediately shelve his Westpac plans to cut 200 jobs, sparking union criticism over face-to-face banking roles in digital transformation. Westpac, Australia’s second-largest lender, is set to eliminate 200 teller positions across its branch network as part of an ongoing business restructure. Westpac also announced 1500 job cuts earlier this year. Staff were informed of the changes this week, with the mortgage (Reuters) -Westpac Banking Corp is planning to cut more than 1,500 jobs to meet its cost-reduction targets and simplify operations, the Australian Financial Review reported on Tuesday. National president Wendy Streets said, ‘Westpac employees have faced ongoing uncertainty and significant job losses over the past few years with more job cuts now under a new Investing. The Australian Financial Review reported that Westpac Banking Corp plans to reduce its workforce by more than 1,500 employees to achieve its cost-reduction goals and Westpac Banking Corp is planning to cut more than 1,500 jobs to meet its cost-reduction targets and simplify operations, the Australian Financial Review reported on Tuesday. The bank's new chief executive is aiming to cut costs by simplifying processes and technology. Westpac will cut 200 teller roles and hire 200 bankers, supporting its digital-first strategy without reducing overall staff. Westpac is axing 200 bank teller jobs across its branch network, the Finance Sector Union told media. The Finance Sector Union said the job cuts will remove vital services for customers. Westpac to axe 200 jobs in shock announcement 200 bank teller jobs will go It's the third bank to announce job cuts READ MORE: Teller refuses boy's Westpac is bracing for a major round of redundancies, with reports suggesting more than 1500 jobs could be slashed in what would be the bank’s largest workforce reduction in a decade. The union representing affected workers has vowed to push Westpac's job cuts are part of its 2023 UNITE programme, which aims to streamline technology systems by reducing core platforms, modernizing infrastructure, and lowering long-term Westpac's job cuts are part of its 2023 UNITE programme, which aims to streamline technology systems by reducing core platforms, modernizing The job cuts highlight an industry under intensifying pressure to lift efficiency amid a hugely competitive mortgage market. Look Westpac (ASX:WBC) announced the redundancy of 94 positions within its BT Panorama wealth business, marking a milestone in the lender’s ambitious $3. org. This comes after the bank already cut 300 jobs last The Finance Sector Union says it was blindsided by Westpac’s plans to slash hundreds of jobs - the same year it posted a $7bn profit - calling on its boss to immediately shelve his Westpac's job cuts are part of its 2023 UNITE programme, which aims to streamline technology systems by reducing core platforms, modernizing infrastructure, and lowering Westpac Banking Group is cutting 300 jobs from the "corporate functions" that service its consumer and business bank division, with IT staff among those impacted. Westpac slammed by Finance Sector Union for slashing hundreds of bank teller roles: 'Callous and short-sighted' One of Australia's largest banks has slashed more key customer Westpac’s long-running and costly simplification project Unite has claimed some of its first job cuts after the lender combined its two in-house investment platforms BT Panorama and Westpac Bank faces backlash from unions and employees over reported plans to cut 1,500 jobs despite posting a $7 billion profit. FSU says it's sceptical of development fund. They follow the bank’s earlier announcement to cut Westpac hasn't put a number on job cuts, after reports 1,500 could go. Westpac is planning to axe over 1,500 roles as part of the bank’s largest redundancy round in over 10 years, as CEO Anthony Miller pushes to reach cost reduction targets, Westpac is bracing for a major round of redundancies, with reports suggesting more than 1500 jobs could be slashed in what would be the bank’s largest workforce reduction in a Westpac slashes 300 roles in ‘callous’ move amid record profits One of Australia’s biggest banks has slashed hundreds of jobs “to reduce costs” The job cuts were driven by increasing numbers of Westpac customers using its app, website and ATMs, the bank said. Learn about the proposed redundancies, union response, and CEO's strategy. How will Westpac’s teller job cuts affect your local branch and banking experience? Credit: Gordon Bell/Shutterstock If you still prefer to visit Westpac to axe 200 jobs in shock announcement 200 bank teller jobs will go It's the third bank to announce job cuts READ MORE: Teller Banking giant Wespac has been accused of 'dangerous implications' for customers' data security with its latest offshoring of Australian (Reuters) -The Australian banking trade union said on Thursday that Westpac Banking Corp, one of the country's top lenders, has cut 132 jobs across divisions, with some of these We would like to show you a description here but the site won’t allow us. Homeowners could suffer the brunt of further jobs cuts, announced by big Westpac Banking Corp is set to cut over 1,500 jobs as part of its UNITE program, aimed at simplifying technology systems and reducing long-term operational costs. Investing. Westpac has gutted several of its business teams, slashing 204 jobs in February, with the banking union warning more cuts are likely in the Westpac cuts 200 bank teller jobs, aims to retrain staff Westpac is the latest bank to make major staff changes, cutting 200 customer-facing roles but saying these staff can go into More job cuts are expected across Westpac in the coming months as the union warns the scale and spread of the changes means no part of the bank feels secure for workers. The Westpac will sack about 300 of its staff in its business and retail banks as part of an ongoing push to reduce its office headcount by 20 per cent. The Miller, who ran Westpac’s business bank before being elevated to the top job in December, is already overseeing one of the largest cost-cutting The Finance Sector Union (FSU) expressed concerns on Wednesday over these reports Westpac Banking Corp is planning to cut more than 1,500 jobs to meet its cost-reduction Westpac also announced 1500 job cuts earlier this year. (Reuters) -Westpac Banking Corp is planning to cut more than 1,500 jobs to meet its cost-reduction targets and simplify operations, the Australian Financial Review reported on Tuesday. ANZ recently announced 3500 redundancies, NAB shed 410 jobs and offshored 127 roles, while Bendigo Bank Banking giant Westpac, which pledged to stop its branch closures, will take an axe to its customer-facing staff slashing 200 teller roles. Managers across the bank are NAB is hiring more workers in Asia while hundreds of Australian jobs are set to be cut. The Finance Sector Union (FSU) said The Westpac cuts follow a broader trend across the banking sector. More than 1,500 roles are set to be on the chopping block, which is the Westpac will cut 94 jobs after it combined its two in-house investment platforms. Managers across the bank are Westpac has been slammed by the finance worker’s union for cutting more than 100 jobs and reportedly outsourcing nearly half overseas. With that migration now complete, and Asgard decommissioned, Westpac informed the Westpac is cutting 200 bank teller jobs but not reducing headcount across the business. Westpac has been accused of delivering an early Christmas heartbreak to its Westpac has been blasted for pushing through cuts to 134 bank teller jobs across 99 branches, with the finance union labelling it "heartless and disrespectful to frontline workers" Westpac announced it would slash jobs from the Consumer and Business Banking division, including technology workers and frontline services that provide customer support. . Based on Westpac’s latest full-time workforce of 35,240, a five per cent reduction could mean 1,700 roles. The Westpac Banking Group has revealed an institution-wide mission to cut excessive and wasteful spending on technology as it pushes ahead with its Westpac joins major banks in job-slashing digital push, union outraged by 200 cuts By AMIT SARWAL on 24 September 2025 7:11 AM Westpac Banking Corp is set to cut over 1,500 jobs as part of its UNITE program, aimed at simplifying technology systems and reducing long-term operational costs. Westpac is holding fast to its target of a total cost base reduction of $8 billion, while investing in its consumer experience, digital skills and capabilities. Banking giant Westpac, which pledged to stop its branch closures, will take an axe to its customer-facing staff slashing 200 teller roles. Westpac is aiming to cut 1500 jobs in a massive round of redundancies. 5 billion "Unite" Westpac has been slammed after it announced a further 116 permanent jobs were being cut from the Premier Banking department. Westpac is the third bank in as many weeks to announce job cuts. Westpac's Westpac is the latest bank to make major staff changes, cutting 200 customer-facing roles but saying these staff can go into other parts of the bank. The cuts come as new chief executive Anthony Miller pushes ahead with a Westpac's job cuts are part of its 2023 UNITE programme, which aims to streamline technology systems by reducing core platforms, More than 5000 jobs have been axed by Australian banks this year. The cuts would be in addition to Chanticleer First ANZ, now NAB: Why the big banks are suddenly cutting jobs Banking may be entering a cycle where chief executives turn to cost-cutting to try to offset a range of The job cuts are part of Westpac’s Unite programme, launched in 2023 to overhaul and simplify the company’s technology systems. The major bank sent a letter out to employees on Tuesday saying it plans to eliminate roughly 200 positions, among them tellers and Westpac plans to cut 200 jobs, sparking union criticism over face-to-face banking roles in digital transformation. com-- Westpac Banking Corp (ASX: WBC) is preparing to cut more than 1,500 jobs in its largest round of redundancies in a decade, the Australian Financial Review reported Westpac plans to cut some 200 jobs. au Westpac is the latest bank to make major staff changes, cutting 200 customer-facing roles but saying these staff can go into other parts of the bank. “Three banks in less than a week have cut jobs – ANZ, NAB and now Bendigo. www. The job losses, affecting tellers and personal bankers across 99 branches nationwide, are part of Westpac’s ongoing shift to digital banking. The Australian share market is higher following the Reserve Bank's decision to slash interest rates. The Finance Sector Union said Westpac had warned it was slashing Westpac has vowed to retain as many employees as possible through retraining and redeployment. Launched in Westpac staffers claim they are being hit with a wave of job cuts as the banking giant offshores roles to India and the Philippines, describing how “one moment you’re talking to Each of the big four banks have announced job cuts this year. More job cuts are expected across Westpac in the coming months as the union warns the scale and spread of the changes means no part of the bank feels secure for workers. It follows Westpac is set to eliminate over 1,500 jobs in a sweeping operational restructure designed to streamline the bank’s cost base and sharpen its focus on technology and customer Westpac is aiming to cut 1500 jobs in a massive round of redundancies. The One of Australia's Big Four Banks has axed 200 teller jobs across its branches. Westpac will reallocate the positions to home and business The union claims at least 200 jobs have already been cut in the last month, with many more workers being moved into larger teams with In May, Westpac revealed it would be simplifying operations across the bank in a major cost-cutting exercise. Staff were told in an email on Tuesday about the job losses, as Westpac looks to add 200 Westpac has slashed 204 jobs across multiple teams in February while posting $1. 9bn quarterly profits, with the banking union warning of Banking giant Westpac, which pledged to stop its branch closures, will take an axe to its customer-facing staff slashing 200 teller roles. fsunion. Getty. Haluaisimme näyttää tässä kuvauksen, mutta avaamasi sivusto ei anna tehdä niin. They follow the Westpac is cutting 132 jobs from risk management, operations and sales – including 70 roles that will be off-shored to India and the Philippines The reported jobs cuts at Westpac came the same week rival Commonwealth Bank told workers it would axe 163 roles nationally, including 58 at its subsidiary Bankwest. qr, eukw, l5bwu, l47v9dj, aj, k7k23, dnpr, hw, fln, fl,