Westpac is Australia’s most profitable bank. Last year it made a record $6.99 billion profit. But still it’s crying poor.
The bank has just announced more than 500 jobs are to be cut, with150 of these jobs to be sent offshore and filled by overseas workers. Westpac CEO Gail Kelly has confirmed that more job cuts are likely in 2012.
Westpac can afford to keep every single job.
These aren’t just numbers on a spreadsheet, these are people. People with career aspirations and families to support; people who have given their all to help make Westpac profitable, some of them for many years.
These workers are the people who process your loan and credit card applications, who make sure the bank’s IT systems continue to operate, who assist with your mortgage application, and provide the necessary back up and infrastructure for the workers on the bank’s front line. They are essential to the business of providing professional service to Westpac customers. Can we really do without them?
Westpac, along with our other big banks, benefited from the government guarantee during the Global Financial Crisis.
The bank profits from our community, and the bank should give something back to the community by investing in Australian jobs and skills.
Tell CEO Gail Kelly to save Westpac jobs rather than sacrifice these workers and the bank’s long term capacity to provide comprehensive local services.