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Commonwealth Bank to Cut 192 Jobs for ‘Automation’

The CBA reported a $10 billion profit in the 2023 financial year
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Commonwealth Bank to Cut 192 Jobs for ‘Automation’
The sign of the Commonwealth Bank is seen at one of its branches in Melbourne, Australia, on Aug. 8, 2018. William West/AFP via Getty Images
Monica O’Shea
Updated:

Australia’s largest bank will cut 192 jobs for automation, the Financial Services Union (FSU) alleges.

The Commonwealth Bank of Australia (CBA) will slash the jobs for “automation initiatives,” according to the union.

Monica O’Shea
Monica O’Shea
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Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]
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