Westpac has been accused of delivering an early Christmas heartbreak to its frontline workers, slashing more than a hundred branch jobs just weeks out from the holidays.

And the move has come as hopes fade for another round of interest rate relief .

The Finance Sector Union (FSU) issued a release blasting the bank for what it called a “heartless and disrespectful” decision to cut 134 teller and personal banker roles across 99 branches nationwide.

The union noted that the cuts are coming less than two months before Christmas.

Westpac had earlier announced about 1,500 job cuts in May, coinciding with thousands of role cuts from other big four bank payrolls so far this year.

ANZ announced in August it was cutting 3,500 staff plus 1,000 contract roles over the coming year, while NAB ear

See Full Page