AU
Sector: Industry & Commerce
The terrible trio return to Aussie banks: Job cuts, off shoring, hiring freezes
Westpac chief executive Gail Kelly has announced job cuts, which are designed to maintain earnings in the face of a slowing economy and lower credit growth. And it seems that her cautious headcount/recruitment strategy is becoming the new norm for Australian banks. The firm has not revealed exact numbers, but media reports and recruiters we’ve [...]
The Insider: I don’t want to rant against recruiters but they do need reforming
After quite a long period of being unemployed without a proper work visa, I have finally ended up at a big four bank on a sponsorship. It’s not the most prestigious position but with further networking it could lead to something more exciting. Before all this happened, I was doing some grunt temp work for [...]
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