Union says CBA plan to cut 300 jobs 'totally unacceptable'
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Source: 9News
Published: 2026-02-24 21:57 UTC+10:00
Section: National
Factuality Score: 100
Opinion Category: Neutral
Topics: Australia, Natural Disasters, Technology & AI, Economy & Finance, Financial Markets, Labour & Workers
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Snippet:
The Commonwealth Bank is expected to cut 300 jobs, a move slammed by the union as "totally unacceptable" in the wake of $5 billion in half-yearly profit.CBA chief Matt Comyn announced today a $90 million Future Workforce Program to up-skill employees and help the bank prepare for change, in particular due to the impact of AI."Australia has to get really good at adopting this technology and whatever follows it," Comyn said.READ MORE: Melbourne hit with flood warnings as 70mm forecast
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