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Westpac has announced another round of job cuts this week linked to their Catalyst program, with Westpac proposing over 200 redundancies and approximately 100 positions moving to comparable roles. A significant number of teams will be impacted, including BT, Everyday Banking, Private Wealth, Technology, Business Lending, Cash & Transactional Banking Operations, Finance and Enterprise Delivery, Business and Wealth, Consumer, Digital and Data Technology, and Consumer COO Technology.

These cuts are in addition to the 102 already announced earlier this month, bringing the total job cuts to over 300. It is now clear that Westpac's assurances that their engagement with Catalyst was not a job-cutting exercise was nothing more than an empty promise.

It seems Westpac is determined to cause maximum distress to workers on the eve of Christmas, and the FSU is deeply concerned that there may be more announcements to come.

Your rights and FSU support

Consultation regarding these proposed restructures is now underway. Your FSU representatives are engaging with Westpac over these proposed changes and it’s important your views are heard. If you have any feedback or concerns, please reply to this email.

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

If you are not yet a member of our union, now is the time to join to ensure you get the support you need.