Westpac closures take branch losses to 225 since last January

Original article by Ayesha de Kretser
The Australian Financial Review – Page: Online : 16-Sep-22

Westpac’s latest round of branch closures has been criticised by the Finance Sector Union, with national secretary Julia Angrisano also describing the bank as "mean and stingy" with regard to pay negotiations. Westpac will close another 24 branches across Australia, with the loss of 103 jobs; it previously closed 24 branches in both July and August, and a total of 225 branches have now been closed since the start of 2021. The Commonwealth Bank in turn will close three branches in NSW and South Australia.

CORPORATES
WESTPAC BANKING CORPORATION – ASX WBC, FINANCE SECTOR UNION, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA

Leave a comment