this post was submitted on 18 Jul 2025
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Other news source: ABC's The Business - https://youtube.com/watch?v=Q_Pc1U4Rsfs

The [Finance Sector Union] said the roles being advertised by CBA India had the exact same job titles as those impacted by the redundancies.

"We do not believe that the redundancies outlined in these change processes are in fact genuine redundancies and that in doing so, CBA has breached the terms of the Agreement,” [FSU National Secretary] Ms Angrisano said, pointing out that genuine redundancies mean the role is no longer required. This is the very definition of bad faith.”

“All Australians are paying for the sham redundancy actions of the CBA. Not only are Australian workers being unfairly and reasonably sacked but this is being subsidised by all taxpayers.

“Bona fide redundancies are taxed concessionally in the hands of the workers. It is especially disgusting that the nation’s richest company is also reducing the tax take as it makes the final payment to hundreds of Australians that we know are being sacked solely to have their work performed offshore.”

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[–] johnwicksdog@aussie.zone 3 points 6 days ago* (last edited 6 days ago)

Yuck. What a dog act by a slimy company. Glad I took my banking elsewhere.

[–] kowcop@aussie.zone 10 points 1 week ago (1 children)

It boggles my mind that a company making $10 billion a year profit are looking for ways to squeeze another drop of blood from the stone

[–] joelfromaus@aussie.zone 1 points 1 week ago

This is what gets me too. CBA has the money, they can employ Australians and pay decent wages! They should be ashamed.

[–] timmytbt@sh.itjust.works 8 points 1 week ago

Hardly surprising. Scum!

[–] InsurgoFormica@aus.social 2 points 1 week ago (1 children)

@eureka what's CBA's RTO policy. Might make it difficult 🤔

[–] eureka@aussie.zone 1 points 1 week ago

Not sure, but I see articles from the past couple of years saying employees were were going to Fairwork about a 50% RTO mandate.