Inside Bendigo Bank’s diabolical plot to get workers to ‘volunteer’ to give up their jobs and hand them to foreign contractors: How staff were left stunned when the truth emerged weeks later
Bendigo Bank asked staff in certain roles to "volunteer" for what was presented as a routine restructuring process, only for employees to later discover their jobs were being handed to overseas outsourcing firms Genpact and Infosys. Workers say they were left stunned when the true purpose of the exercise emerged weeks after they had agreed to take part, raising concerns about transparency and job security at one of Australia's major regional banks.
The bank's approach involved framing the redundancy process as voluntary, which critics say obscured the fact that roles were ultimately destined for offshore contractors rather than genuine restructuring. Affected staff have expressed anger at how the situation was communicated, feeling misled about the bank's real intentions until well after they had committed to the process.
- Bendigo Bank staff "volunteered" for what was actually outsourcing to offshore firms.
- Genpact and Infosys were set to take over the affected jobs.
- Employees say the true plan only emerged weeks later.