Every Inside Track tip

Anonymous please. Vanguard Australia recently made a slate of changes that basically reversed a restructure that took place 2-3 years ago (known as VanguardOne). All that money spent and we are now back to where we started!

ANON pls- cooked redundancies happening at RACV today, no restructure announcement, people told yesterday afternoon to attend an team update meeting and one after the other getting the chop today - absolutely clinical

Keep anon - BOQ group with another round of cuts yesterday. Halved their transformation and product teams.

Anonymous please but Carsales (ASX:CAR) has just announced 3 day mandate for everyone and it MUST be Tuesday, Wednesday, Thursday. No flex on which 3 days. Keen to hear thoughts

Hi Anon, CITI BANK just sent a global email saying we will be put on a PIP if we don't go in office per 3 day hybrid rules... Including threats that bonuses will be at risk, and office locations will have hybrid roles removed. When in office most people literally sit at their on laptops and Zoom the whole day, no in person meetings. We are getting the work done - there is no need for this prehistoric nonsense!

Woolworths - anon, of course A next step of the reestruture to India has happened this week. Finance teams (FSS, Property, Procurement) has been communicated that their roles might be impacted. This is another set of people being impacted (first was to BPO model, this will be Woolworths International - India branch)

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....

Anon pls - Significant restructuring/redundancies at NAB & Ubank coming the week of the 12th of October to drive down cost. Junior, Mid, and Senior roles will be restructured out with most redundancies effective in December. Merry Christmas.

La Trobe uni annouced voluntary redundancies and a 25Million deficient in the budget - no numbers required to hit but rather ONLY voluntary

Massive round of redundancies at Yarra Trams too, across all departments. Spill and Fill in some instances.

Officeworks yet again advertising roles offshore before even informing the people currently in those positions that their jobs are being made redundant.

Anon please. If you think HR is safe, EML just let go of all their HR partners. Their role will be absorbed by Team Leaders.

Anon pls: Another big round of job cuts at energy australia. All the actual workers and none of execs/heads who have made poor decisions to lead here of course.

CBA change window 6 - 363 employees impacted , Another cull in Business banking , HR and tech. And there’s talks of Redundancies at christmas time too …

Minter Ellison have had a restructure and have made between 70-100 business operations roles redundant. Most people finished up last Friday

Coles has begun notifying employees whose roles will be made redundant in the first wave. Notifications are reportedly being delayed for employees who have not completed their shadowing sessions, apparently to maximise compliance with the shadowing process before redundancy outcomes are communicated. The first wave is expected to affect approximately 450–500 roles, depending on final decisions regarding role scope. The second wave is projected to be similar or slightly larger, affecting around 500–550 roles, although this will also depend on...

Entire WA team for REA. Gone, due to offshoring to Philippines, asked to stay until october

Anon please. Uber removing Melbourne as an operations hub (sales hub only). Most of ops have been given an ultimatum of: ·move to Sydney; or ·get made redundant

Anon please. Sydney airport has just made dozens of people in head office and operations roles redundant despite record profits

Macquarie doing another round of redundancies across all the capital cities! People finding out today/tomorrow unfortunately

O’Brien Glass quietly shifting most admin roles overseas and slashing jobs in 🇦🇺 - redundancies Australia wide across admin teams and offshoring to the Philippines. Right before the busiest time of the year….

Anon please: restructuring at DJCS departments, still flowing in from silver review. More work, less pay, not filling vacancies and merging departments and moving leases/downsizing. More to come.

Anon please: 45 people (95% of finance department) has been made redundant in Reckitt ANZ, jobs are now gone

Anon please. There has been a massive round of redundancies across VidaCorp / DBG Health over the past two weeks, impacting teams across MCoBeauty, Nude by Nature and esmi.