Westpac has become the latest of the big four banks to cut jobs, announcing it will reduce its teller and personal banker roles as part of a major push into digital banking.
Breakdown
- Westpac plans to cut around 200 teller and personal banker roles. 11s
- The bank will introduce concierge roles to help customers use digital services. 16s
- The Finance Sector Union has criticised the move as callous and short-sighted. 1m 11s
- Westpac says it is investing in retraining staff and redeploying some to other teams. 1m 24s
- There is no guarantee that current employees will be able to fill new roles. 1m 43s