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CBA Reverses AI-Linked Job Cuts, Apologizes to 45 Staff

The bank called the redundancies an error, pledging process reviews after union pressure over rising call volumes.

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Overview

  • The reversal followed a Finance Sector Union dispute at the Fair Work Commission, with another hearing scheduled next week.
  • CBA had said an AI voice bot would cut about 2,000 calls per week, yet workers reported calls increased, prompting overtime and managers answering phones.
  • Affected employees have been offered the choice to stay in their roles, seek redeployment within the bank, or depart voluntarily.
  • The union has alleged concurrent hiring for similar roles in India, a claim CBA has disputed as scrutiny continues over offshoring and automation.
  • The episode comes as CBA reports strong profits and expands AI projects, including developer tools and customer-service bots, while committing to review internal decisions.