CBA is cutting 300 more Australian jobs while talking about upskilling workers. But here is what they are not telling you.
While handing out redundancies here, they are on a massive hiring spree in Bangalore with staff numbers up 21 percent to nearly 6,800. Right now, job ads in India are openly seeking people to do the work being cut in Sydney, including a senior finance analyst role to transition work from the Australian team.
The Finance Sector Union caught them running 30 online job ads for India roles with the same titles as the ones being axed here. This is a pattern, not a coincidence.
Meanwhile, they just pocketed a record 10.25 billion dollars in profit.
Upskilling is not a worker strategy. It is a PR shield for offshoring while the profits pile up.

#auspol #CBA #Offshoring #JobCuts

https://www.9news.com.au/national/cba-announces-plan-to-upskill-workers-following-300-job-cuts/1badb107-c558-4ece-9112-8309e609422f

Union says CBA plan to cut 300 jobs 'totally unacceptable'

<p>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.</p>

9News
Billionaire Trump Donor Closing U.S. Plant and Moving Work to China

“They’re not answering or returning anyone’s calls,” said the local union leader.

The New Republic
Trump donor who criticized offshoring to close Ohio plant and move work to China

Workers decried John Paulson’s plan after billionaire painted himself as advocate for domestic manufacturing

The Guardian

Überall in Deutschland werden Arbeitsplätze nach Indien verlagert. Ich frag mich, wo das noch enden soll.

https://www.tagesschau.de/inland/regional/berlin/rbb-basf-verlagert-stellen-von-berlin-nach-indien-102.html

#BASF #Indien #Berlin #Offshoring #IT

BASF verlagert Stellen von Berlin nach Indien - auch Schwarzheide betroffen

In Berlin und in Schwarzheide müssen Mitarbeiter von BASF um ihren Job bangen. Der Chemiekonzern will Teilbereiche nach Indien verlagern, wie er am Mittwoch ankündigte. Die Gewerkschaft IGBCE hat Widerstand angekündigt.

tagesschau.de
https://www.techspot.com/news/111233-waymo-admits-autopilot-often-guys-philippines.html “when the company's robotaxis encounter unusual situations, they may switch control to the remote drivers. While some of the contractors work in the US, many operate from other countries, such as the Philippines.” #Waymo #jobs #AIBubble #offshoring #USPolitics #Philippines
Waymo admits that its autopilot is often just guys from the Philippines

Waymo's chief safety officer, Mauricio Peña, recently noted that when the company's robotaxis encounter unusual situations, they may request real-time input from a remote response agent, receiving...

TechSpot

Trump’s Offshore Drilling Plan Could Result in Thousands of Oil Spills

The plan would open up a massive amount of waters to new oil and gas drilling and would be detrimental to marine life.

https://murica.website/2026/02/trumps-offshore-drilling-plan-could-result-in-thousands-of-oil-spills/

Trump’s Offshore Drilling Plan Could Result in Thousands of Oil Spills – The USA Potato

Cửa hàng tiện lợi Nhật Bản đang thuê robot điều khiển bởi nhân viên Philippines. Các cửa hàng sử dụng công nghệ offshoring và tự động hóa, tạo cơ hội việc làm cho lao động Philippines trong lĩnh vực công nghệ. #NhậtBản #Philippines #Robot #Offshoring #TựĐộngHóa #ViệcLàm

https://www.reddit.com/r/singularity/comments/1p6i83s/japanese_convenience_stores_are_hiring_robots_run/

Want to create a robust engineering team abroad? Check out this in-depth guide to the top offshore software firms in Vietnam and how to use them as a Vietnam offshore software development center.

Read more ➜ https://www.hdwebsoft.com/blog/top-5-offshore-software-development-companies-in-vietnam.html

#Tech #Offshoring #Vietnam #SoftwareEngineering #HDWEBSOFT

Marxism After Marx | Super-Exploitation

PeerTube