Finance Sector Union
Membership Organizations · Australia · 51-200 Employees
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Overview
Headquarters
1-341 Queen St, Melbourne, Victoria, 300...Phone Number
+61 1300366378Website
www.fsunion.org.auRevenue
$73.8 MillionIndustry
About Finance Sector Union
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Finance Sector Union News & Media
ANZ faces backlash from Finance Union over Suncorp layoffs
According to the union, a total of 197 positions at Suncorp Bank will be affected, with 66 workers to be laid off.Australia's Finance Sector Union seeks intervention in ANZ's plan to cut 3,500 jobs
The Finance Sector Union, in a strongly worded statement, called the ANZ a bank in crisis that has left thousands of families in the "dark" while executives "protect their bonuses". "That's why we've taken ANZ to the Fair Work Commission, because workers deserve honesty and certainty about their future," the union said. The union's action follows ANZ's announcement last week of a major restructure that will see nearly 3,500 jobs being laid off.Westpac cuts 132 jobs across divisions, says trade union
From the bank's risk division, 62 roles are being reduced at a time when the country faces an "unprecedented level" of scams and cybersecurity threats, the Finance Sector Union (FSU) said in a statement. The job cuts across the risk and operations divisions come on top of the 20 layoffs at its sales support unit in Mortgage Services division in January, which were also outsourced to Concentrix, FSU said. Westpac did not immediatelyCommonwealth Bank to cut 250 jobs says Finance Sector Union
The Commonwealth Bank already cut more than 200 jobs two months ago, at a time when its bottom line is benefiting from rising interest rates and low bad debts.
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Frequently Asked Questions Regarding Finance Sector Union
The Finance Sector Union (FSU) has been advocating for finance workers in Australia for over 100 years, focusing on improving pay and working conditions. They provide support, advice, and representation for members on work-related matters, alongside access to legal assistance and exclusive member discounts. The FSU campaigns for various issues, inc... Read More