Australian Mutual Bank Limited Restructure

No Forced Redundancies as AMBL Announces Branch Closures.

No Forced Redundancies as AMBL Announces Branch Closures.

AMBL have a announced a major restructure plan which will see the closure of 16 branches over a two-year period. In a briefing provided to the FSU, AMBL have confirmed that there will be no forced redundancies.

Instead, AMBL have called for an expression of interest for voluntary redundancies. In addition, to mitigate the impact of the branch closures on workers, AMBL will invest in providing training and development opportunities and consider the option of working from home, where possible.

Under the restructure plan several new roles will be also be added.

Join our meeting to discuss AMBL’s plans

The FSU will be holding a meeting via Zoom on Wednesday 5 August at 6.30pm. We would like to hear your views and any concerns that we may be able to share with AMBL as part of the consultation process.

To participate in this important meeting simply click on:

After registering, you will receive a confirmation email containing information about joining the meeting.

We encourage you to share this Update and the registration link with your work colleagues.

Not a member? Join FSU today at

Authorised by Joanne Nava, Acting Secretary, NSW/ACT Branch