Comm Bank Jobs Bloodbath as Hundreds of Roles Axed in Australia While Hiring Spree Begins in India
Australia’s largest bank, Commonwealth Bank (Comm Bank), has announced a sweeping restructuring plan that involves hundreds of job cuts in Australia even as it embarks on a major hiring spree in India. The move has sparked outrage among employees and unions, raising questions about outsourcing, cost-cutting, and the future of banking jobs in Australia. Background…