SMH
·general
·6 hours ago
CBA cuts more jobs, citing changing skills mix and ‘simplification’
Commonwealth Bank announced it is cutting 119 jobs due to program terminations and a shift in required skills, impacting its operations immediately. The Finance Sector Union highlighted that about a third of these cuts will affect Bankwest, following earlier job reductions and amid concerns over AI's impact on employment. CBA employs approximately 49,000 staff across Australia.
Summary by Glance · SMH
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