Westpac to lay off around 1,500 employees amid cost-cutting drive

Westpac Banking Corp. is reportedly planning its largest job cuts in over a decade, with more than 1,500 roles expected to be affected. The Westpac layoffs are said to be part of the 'Unite' programme aimed at cutting costs, simplifying operations, and updating technology. The exact number of Westpac layoffs is yet to be confirmed.