If the economy turns around, do you anticipate any Westpac Bank layoffs? Any chatter, news or rumors?
Westpac to cut over 1,500 jobs in its biggest layoffs in a decade
The cuts are part of new CEO Anthony Miller’s cost-reduction strategy under a plan called “Unite,” which aims to streamline operations and modernize technology, the AFR report said. Managers have reportedly been asked to plan for a 5% reduction in... — read more
Westpac Bank Layoffs 2025
How likely is that there will be Westpac Bank layoffs? Any chatter, news or rumors?
Westpac to layoff 300 workers in business and retail unit, says trade union
June 12 (Reuters) - Australian lender Westpac Banking Corp (WBC.AX) 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... — read more
Thoughts? Impacts of Corona Virus on Global Economy and Westpac Bank
Where will this take us?
Reorg plans for Q3 and Q4
How likely is it that we will have a reirg soon?
All financial services companies have troubles
Westpac is on the financial services side and that segment is hurting, rates are low and interest payments are less and less, that sucks as it kills profits. Do not trust rumors about 2016 redundancies, I think the company will do really great and... — read more