Today’s announcement by Westpac of another record full year profit will be of little comfort to employees potentially in the firing line and those left behind to pick up the workload. So called “productivity” plans announced today cement earlier speculation that as many as 2000 jobs could be cut or offshored by Westpac.

Related:
Bank on more job cuts after Westpac swings the axe, say analysts
The Australian, 18th August 2011

With a net profit after tax figure of $6.991 billion, up by 10% from last year, delivered by dedicated and hard working Westpac staff, there is no case for job cuts, and no case for sending jobs off shore.  Job losses are no way to reward employees who have contributed the Group’s record profit result, and provided exceptional service to customers.

Are you in the firing line?

Are you concerned about the workloads for those who are left behind after cutbacks and off shoring?
 
 Tell your story on the FSU online forum

The FSU has previously campaigned successfully to stop Westpac from offshoring jobs at the onset of the GFC in 2008 and prior to that we were successful in stopping off shoring plans at Concord in NSW. With enough of a groundswell of protest we may be able to do it again.

Now is the time to speak out about job losses and offshoring.

The community is behind you. Regular public polling and engagement with community members tells us that the public does not like offshoring, and people often hold grave concerns about the security of their personal financial data when it is processed overseas.

What can you do?

• Tell your story on the FSU online forum;
• Speak to your FSU Rep or Organiser about campaigning in your workplace;
• Join your union and ask your colleagues to join too;
• Call the FSU Member Rights Centre on 1300 366 378 for advice and assistance.