Westpac plans 102 job cuts across risk and finance teams
Westpac is reshaping roles in its risk and institutional banking divisions, plus its finance functions.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
This story is no longer being updated. It reflects reporting up to .
What happened
Westpac is reshaping roles in its risk and institutional banking divisions, plus its finance functions. A union representing Australian workers said on October 9 that the overhaul affects 174 positions. The restructuring is reported to cut 102 jobs.
Why it matters
The overhaul is stated to result in 102 job cuts. Affected staff across the bank's risk, institutional banking and finance areas face changes to their roles.
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