The ink is barely dry, but Bendigo Bank’s five-year ‘strategy’ is already impacting workers. Management has now announced a proposed change that will affect all 637 employees in its Technology division with barely any time for meaningful consultation.
Tragically, 145 jobs are proposed to be cut, with no alternate roles offered. Another 13 FTE roles will also be cut from Mortgage Help.
Adding salt to the wound, Bendigo Bank is hoping to rush the consultation process, with Technology staff given only six days to ask questions and receive a response, and just two days for Mortgage Help staff.
This is completely unacceptable. Our union has urgently requested an extension to these appalling timeframes. If we don’t receive an adequate response, we will escalate the matter to the Fair Work Commission.
There is no clear rationale for these job cuts. Management is attempting to deflect accountability by using terms like ‘cross-functional collaboration’ and ‘simplification’, but has failed to coherently explain what this actually means.
Tuesday 9 September, 12.30pm (AEST)
Bendigo Bank’s recently published five-year ‘strategy’ is proving to be an exercise in nothing more than job cuts, gutting branches, and short-sighted offshoring. To ensure your rights are protected, join our union today.
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