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flag Commonwealth Bank cuts 119 jobs despite overall workforce growth, citing internal program completion and evolving skills.

flag Commonwealth Bank is cutting 119 jobs, citing internal program completion and evolving skills, though the Finance Sector Union criticized the move as a "blanket wipeout" amid rising AI concerns. flag While the bank noted an overall 2,500-person workforce increase, it faces employee anxiety over job security, prompting a voluntary transition program to assist staff.

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