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Ammended Release:Eight bank staff cut every 3 days


Eight bank staff cut every three business days

"Staff in the banking industry continued to be cut at eight staff members on average every three business days in the years from 1994 to 2001," said Andrew Casidy, Acting General Secretary of the bank workers' union, Finsec.

"And yet last year the major banks cleaned up more than $1.7 billion in profit between them.

With stress levels rising amongst their staff, it is time banks and other financial organisations took a more responsible attitude towards the way they do business.

"We invite employers to consider creative ways of improving the working lives of their staff by joining us in our Work/Life Balance Campaign which will be launched in Wellington by Chief Human Rights Commissioner, Rosslyn Noonan and NZCTU President Ross Wilson on Wednesday 4 December at 12 pm at the Michael Fowler Centre.

"Decent staffing levels and proper training are crucial for the work/life balance of our members and also for the sustainability of the finance sector in this country," Andrew Casidy said.

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