"Westpac will slash 1500 jobs within the next few months as the banking giant ramps up its push towards digital technology.
It's set to become the bank’s biggest redundancy round in a decade, just months after 900 full-time jobs were axed.
The number of bank-owned branches and bank-owned ATMs has dropped by more than half in the last seven years, falling from 19,508 to 8,836 as of June 30, 2024, with Westpac and Commonwealth Bank among the key players in this reduction."
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