Regional bank to slash 400 jobs, take over branches
Bank of Queensland says in addition to about 400 job lay-offs, it will convert its 114 owner-managed branches to corporate ones.
Bank of Queensland says in addition to about 400 job lay-offs, it will convert its 114 owner-managed branches to corporate ones.
Andrew Forrest says the Fortescue Group will continue to pursue its green hydrogen plan despite slashing 700 jobs in a bid to cut costs.
Almost three in four workers in Australia's creative industries are calling on the government to restrict the use of AI, with many fearing for their jobs.
Big Four consultant PwC has made hundreds of jobs redundant and accelerated the retirements of more than 30 partners in an effort to streamline its structures.
Voluntary administrators expect 171 Godfreys staff in Australia will be made redundant as the company's store count is reduced by more than a third.
Professions likely to feel the early impact of artificial intelligence have been identified by a report that warns training must adapt to fit the technology.
Telstra says it is eliminating some roles and adding others for a net reduction of 472 jobs in a bid to remain competitive.
Kiwi cloud accounting platform Xero is laying off 700 to 800 staff and closing cloud-based lending platform Waddle, which it bought for $31 million in 2020.