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BOQ won’t guarantee our jobs are safe

“What we’re trying to do is to be open and transparent with our employees on the direction of the company […] We don’t offer guarantees and no company offers a guarantee.” 

That’s what Bank of Queensland Chair Warwick Negus said at the bank’s recent AGM after we asked him what assurances the bank could provide staff about the security of their jobs.

As we know, BOQ has cut up to 600 jobs over the last two years – or just under 20% of its workforce across BOQ Corporate.

Asking for reassurance that our jobs will be protected at a time when the bank is posting hundreds of millions in profits isn’t too much to ask. It’s disappointing that Mr Negus wasn’t able to offer it. If you agree, like and share this video on social media.

During the AGM we also asked BOQ questions about AI and the corporatisation of BOQ owner-managed branches and their flawed EOI process.Watch BOQ’s responses here and see whether you think they stack up.

Remember, your union is here to support you. Please reach out to us via our Member Rights Centre on 1300 366 378 if you need any advice or assistance.

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