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Bendigo and Adelaide Bank announces job cuts after signing tech deals

14 hours ago

Bendigo and Adelaide Bank announced job cuts on Thursday after signing two technology deals with Infosys and Genpact. CEO Richard Fennell stated that the changes, aimed at improving productivity, will bring workforce alterations but did not specify the number of jobs affected. The bank expects to save at least $65 million annually starting in 2028.

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Summary by Glance · Original reporting by 7 News

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