Westpac plans to cut 200 jobs

“Westpac is a major Australian employer, with more than 30,000 people across the country. In the last year we hired almost 5,000 people in Australia,” the spokesperson said. “While we continue to invest in extra bankers, other areas may need fewer resources. This means from time to time we make changes that may impact some roles and responsibilities as we actively manage costs and investment. As the skills and capabilities required in banking continue to evolve, so will our workforce. We try to keep as many employees in the Westpac Group as we can, through retraining and redeployment.”