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BREAKING Commonwealth Bank's $90 Million AI Plan and 300 Job Cuts | CEO Matt Comyn Interview

2026-11-11

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Australia's largest bank, Commonwealth Bank of Australia (CBA), is preparing for an AI-driven future with a $90 million program designed to help employees adapt to the changing workplace.

The announcement comes alongside news that the bank plans to cut 300 jobs, raising questions about the impact of artificial intelligence, automation and technological change on Australia's workforce.

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In this interview with 7.30's Sarah Ferguson, Commonwealth Bank CEO Matt Comyn discusses the bank's AI strategy, its investment in staff training and the future of jobs in the banking industry.

As artificial intelligence continues to reshape workplaces, what does this mean for Australian workers and the future of employment?

Watch the full interview for insights into CBA's plans and the challenges facing Australia's banking sector.

 

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