Commonwealth Bank Australia (CBA) is set to slash over 250 positions across its consumer and business banking units, just weeks after it was revealed another financial institution axed 751 jobs. The bank is the latest company to make staff cuts, with roles in the service and IT departments in the firing line. Hundreds of CBA staff have been left in the lurch as executives work to determine which employees will be redeployed while others will be let go. “As part of our focus on business improvement, we regularly review the skills we need and how we are organised. That means from time to time some roles and work can change or may no longer be required,” a CBA spokesman said. https://www.news.com.au/finance/ ... c59a0580c4fe873530f |