CBA to cut 176 technology and engineering roles

The bank declined to comment on specific roles or numbers.

It alleged that the same or similar roles are being advertised for CBA's India office. The bank has not provided further details. The cuts are part of a broader restructuring effort that CBA says is designed to improve efficiency and streamline operations.

The article notes that CBA, Australia's largest bank, has been undergoing a digital transformation programme. The union has called for greater transparency from the bank. CBA has not confirmed whether the cuts are related to automation or AI adoption.