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Westpac cuts 410 jobs, sends 150 to India

Westpac Banking Corporation is poised to axe more than 400 jobs and send another 150 offshore in the latest round of job cuts at the big banks.

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Total Shareholder Return as at 30/06/16

1 year TSR5 year TSR
124thCIMIC Group70%16%
303rdLendlease17%20%
336thANZ Banking Group9%14%
424thWestpac-2%13%
739 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

11/11/14
$0 Bought
11/11/14
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

7th↑Westpac$21,642.0m
8th↓ANZ Banking Group$21,071.0m
10th-Lendlease$15,350.3m
12th-CIMIC Group$13,325.4m
77 listed non wa companies ranked by revenue.
Source: Morningstar

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