SYDNEY, March 6 (Xinhua) -- Australia's Westpac Banking Corporation said on Tuesday a further 126 jobs at the bank would be axed as part of its cost cutting program.
A Westpac spokesman said on Tuesday employees in the affected parts of the bank were told last week their jobs would go, the Australian Associated Press (AAP) reported.
Earlier in February, Westpac announced its decision to cut 560 positions at the bank.
"We are committed to retaining our core highly skilled technology workforce in Australia," Westpac head of group media relations Paul Marriage said on Tuesday.
"But some IT roles can be more efficiently done by external specialists like IBM."
The Finance Sector Union (FSU) on Tuesday said 119 technology jobs would go overseas, with a further seven positions in the collections area of the ban to be outsourced either in Australia or overseas.
FSU National Secretary Leon Carter said the decision to axe those roles was totally unjustified.
"Australian bank customers are sick of banks sending jobs offshore, and Australian bank workers are sick of being sacrificed on the altar of profit," Carter said in a statement.
