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STRONGAI LAYOFF

Commonwealth Bank: 120 jobs cut

November 1, 2023AUBankingCommonwealth Bank

Commonwealth Bank of Australia announced it will cut 120 jobs as part of its strategic shift towards artificial intelligence. The decision reflects ongoing changes within the banking sector as firms increasingly integrate AI technologies.

Conservative

0

Core Estimate

90

Upper Bound

120

Sources

PrimaryFuturismApril 23, 2026

Australia’s biggest bank to cut 120 more jobs amid AI push - The Edge Malaysia

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Australia’s Biggest Bank to Cut 120 More Jobs Amid AI Push - Bloomberg.com

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Commonwealth Bank to Cut More Jobs Amid Broader AI Push - Bloomberg.com

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