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.




