CBA cuts 300 jobs as it prepares workers for an AI-driven ‘shift’
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Source: The Age
Published: 2026-02-24 17:00 UTC+10:00
Section: Business / Companies
Factuality Score: 100
Opinion Category: Neutral
Topics: Technology & AI, Economy & Finance, Labour & Workers
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Snippet:
The Commonwealth Bank is scrapping 300 jobs across its retail banking, institutional and human resources divisions, with technology workers bearing the brunt of the cuts, in the latest round of lay-offs by a major Australian bank.
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