**CBA under fire for outsourcing Australian jobs to India amid rising unemployment**
The Commonwealth Bank of Australia (CBA) faces backlash after hiring over 100 Indian tech workers for roles it recently cut in Australia, sparking outrage from the Finance Sector Union (FSU). The bank’s Indian subsidiary is recruiting for positions identical to those made redundant locally, raising concerns over bad faith and breaches of employment agreements.
FSU accuses CBA of deceptive layoffs, claiming the bank dismissed hundreds of Australian workers in „piecemeal announcements” while quietly shifting jobs to India. With unemployment rising, the union vows to challenge CBA at the Fair Work Commission, calling the move a betrayal of local workers.
CBA defends its hiring strategy, citing a lack of domestic tech talent, but critics argue it prioritizes cost-cutting over Australian jobs. As the banking sector increasingly offshores roles, the controversy highlights growing tensions over job security and corporate accountability in a struggling economy.