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Westpac job cuts – FSU support and management’s obligations

Westpac has announced another round of redundancies due to work being offshored and outsourced, as well as automation and workflow changes.

This will affect 104 employees and only 35 of these jobs are expected to be redeployed.

These redundancies and redeployments are expected to occur across various teams and locations, including:

  • Payment Technologies, Financial Markets and Treasury Operation (Kent Street)
  • Mortgage Operations (Kogarah)
  • Business Lending Operations (150 Collins Street, Parramatta, and Kogarah)
  • Customer Assist (Bedford Park).

We understand this is a difficult time for those affected employees. If you require support or assistance from our union, please complete our feedback form and we’ll be in touch.

Yes, I need union support

If you work in Customer Assist at Bedford Park, your FSU Organiser will be visiting your workplace tomorrow (Thursday 12 February) to provide support and hear from you in person.

What happens now?

Consultation with management on these proposed cuts will occur from now until Thursday 19 February. 

Under our Westpac Enterprise Agreement, you have rights and are entitled to fair process and proper consultation. 

Under our Agreement, management is required to:

  • consult with you about the introduction of these proposed changes.
  • speak with you about the effects the changes are likely to have on you.
  • consider your feedback and any proposed alterations you have.
  • implement measures to avert or mitigate the adverse effects of the changes.

Please submit your feedback now and let us know if you require support from our union during this difficult time.

And if you’re not yet a member of our union, now is the time to join to ensure you have the support you need.

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Authorised by Julia Angrisano, Finance Sector Union of Australia, Level 13, 380 La Trobe Street, Melbourne, VIC 3000.
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