Massive culls at Westpac under the Catalyst banner
- Company
- Westpac
- Date
- 3 November 2026
What we've heard
Latest developments
On 3 November one person told us the layoffs were much bigger than first suggested and reached all divisions, with a real lack of transparency and a clamp down on confidentiality.
The story so far
Our community at Westpac told us in September about large cuts under the Catalyst program. On 27 October we heard a restructure of the Data, Digital and AI division had been announced, affecting senior leaders and team members, with roles ending at the end of November.
Inside Track
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The messages, as they reached us
3 Nov 2026
Anon only - WBC layoffs much bigger than previously suggested and across all divisions. Real lack of transparency and clamp down on confidentiality
27 Oct 2026
Please keep anon but a shake up at Westpac in the Data, Digital and AI Division as part of Catalyst was announced on Wednesday. Actual numbers impacted are hard to work out as not much info is being shared. A mix of senior leaders and team members. Termination date will be end November so a bleak Christmas for many. Please keep anon.
22 Sep 2026
I am not sure why is no one discussing the massive culls at Westpac. They are replacing existing Perms by CBA perms under the banner of "Catalyst"
Last year they started monitoring the key strokes on each machine to determine if the staff was productive enough and based on that they decided they could get rid of half of the people.
They just need people with fresh mindset and for this they will replace the current staff with new ones. Imagine the payouts and hiring someone on a higher wage.
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Inside Track
More from the Inside Track
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The confussion with the 5% and 20% at Bupa Digital is that 5% of the overall workforce, but 20% of the impacts are in Australia. Around 1/5th of Digital is being moved to the Bupa Capability Centre in India. Technically Bupa!
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Of the 15 odd Finance teams, only 8 will be retained with all BEN staff and the others will be a mix of GenPact and BEN - all with reduced roles. Basically all ops based jobs will be going to GenPact with Senior Managers being retained and new Lead Engagement roles (only minimal available) to manage GenPact and BEN relationships. Likely mass redundancies, with the run off date pushing to May next year
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Anon please. ANZ Worldline (the merchant services wing of ANZ) had their restructure announced today. Sales, BDMs impacted.
