After lodging a dispute against Westpac’s proposed 134 retail job cuts across 99 branches, the FSU welcomes the bank’s revised position that will see many of our members better off. This is a significant outcome.
Members called on Westpac to provide genuine choice around these redundancies, improved consultation, and a guarantee that no employee would be forced to lose their job before Christmas.
Westpac was unwilling to commit to all three of these demands, so we escalated our dispute to the Fair Work Commission.
Well done to every member who raised their concerns throughout this process – your contributions made all the difference.
Cutting 134 jobs in the lead-up to Christmas was a harsh decision by Westpac that caused unnecessary stress and anxiety for many impacted employees.
While we cannot stop these cuts from happening, we are pleased that affected employees now have a greater opportunity for ongoing employment or an improved financial buffer, depending on your choice to be redeployed or leave the bank.
For members who remain, there is still work ahead regarding workload pressures and safety concerns across branches. Our union will continue to engage with Westpac to address these ongoing impacts.
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