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Redundancies, offshoring and restructures often reach our DMs before they reach the news. The latest, in the words they arrived in.
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Siteminder doing big global restructure and layoffs. 10% at least gone. Big Sydney impacts.
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Anon please. Barings has just abruptly enforced a 5-day return to the office without warning. This is a disruptive change for existing staff but they’ve also been on a huge hiring spree this year and marketed on the basis of flexibility. They’ve tried to enforce it under the radar without any formal comms because it’s clearly a disingenuous and dishonest shift in expectation. This is reflective of poor and inconsiderate decision-making by leadership. They are still actively recruiting, word of...
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Anon pls American Express announced 5% of all jobs to go by end of year. 3K globally “Not due to AI” per CEO
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Deloitte AU today ‘restructured’ their National Sales Office function, making 26% of roles redundant, 40% of which were Director level positions. This is inkeeping with previous redundancy rounds within Deloitte's Growth function which also heavily biased towards thinning out Director level roles. Some folks will be able to apply for newly created roles, though only a few exist. Austerity baby.
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Anon please. Bendigo Bank is undertaking a 'spill and fill' of second line risk and compliance with people being made redundant as of mid-December. As a community bank, surely they can take a leaf out of NABs book and hold out until after Christmas.
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FYI - Bupa layoffs happening this morning. Predicted 20% of the digital team will be impacted Bupa layoffs happening right now, last restructuring was Nov 2025 and took months for things to go back to normal and after 8 months of normalcy we are restructured again. Bupa is a mega joke.
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