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BRIEF-Westpac To Bring 1,000 Jobs Back To Australia

Published 29/07/2020, 10:54 am
© Reuters.
WBC
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July 29 (Reuters) - Westpac Banking Corp WBC.AX :

* TO BRING 1,000 JOBS BACK TO AUSTRALIA

* BRING BACK AROUND 1,000 JOBS TO AUSTRALIA FROM OVERSEAS

* DECISION FOLLOWS SURGE IN DEMAND FOR CUSTOMER ASSISTANCE AT START OF COVID-19 PANDEMIC

* IMPLEMENTATION OF NEW ROLES WILL TAKE ABOUT 12 MONTHS

* CREATION OF 1,000 ROLES IS EXPECTED TO INITIALLY INCREASE COSTS BY AROUND $45 MILLION PER ANNUM BY END OF FULL YEAR 2021

* PLAN TO FILL ROLES WITH NEW & EXISTING EMPLOYEES, WITH JOBS DISTRIBUTED ACROSS REGIONAL & METRO AREAS

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