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Commonwealth Bank Cuts 164 Tech Jobs Despite AU$5.13B Profit, Sparking Union Outrage

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yesterday

Finance Sector Union national secretary Jason Hall is demanding answers from the Commonwealth Bank of Australia after news broke that 164 workers will lose their jobs in the bank's technology division.

Job cuts spark backlash as bank reports AU$5.13 Billion Profit

The decision has caused outrage among the Finance Sector Union, which represents nearly 22,000 workers. The union is questioning why the bank is making these cuts just weeks after reporting a massive half-year profit of AU$5.13 billion, Sky News reported.

The........

© International Business Times