Tech

Commonwealth Bank replaces workers with AI, faces backlash

Commonwealth Bank faces backlash for replacing Aussie workers with AI and offshore staff after cutting 90 frontline jobs

Published

7 months ago

July 29, 2025

Ahron Young

Commonwealth Bank faces backlash for replacing Aussie workers with AI and offshore staff after cutting 90 frontline jobs

In Short:
– Commonwealth Bank faces backlash for cutting 90 jobs, citing AI and offshore labour.
– The FSU demands retraining for affected workers instead of job replacements.

Commonwealth Bank has faced criticism for eliminating 90 frontline jobs, citing the integration of AI and offshore labour.

According to the Australian Finance Sector Union (FSU), this move replaces skilled Australian workers with automated systems. The bank argues that AI will streamline customer assistance.

The FSU has stated that affected employees should receive retraining rather than being replaced for cost-saving measures.

FSU National Secretary Julia Angrisano condemned the decision, emphasising the need for collaboration between the bank and workers when introducing new technology. She highlighted the expectation of support for employees adapting to advancements like AI.

Recent discussions between the FSU and Commonwealth Bank reflect ongoing tensions regarding job cuts linked to technology and offshoring. Despite the backlash, a bank spokesperson noted the hiring of over 9,000 employees in the 2025 financial year while maintaining 450 open roles in retail banking.

Employment Impacts

Concerns persist about AI’s dual role in job creation and loss, with estimates predicting 83 million jobs could vanish over the next five years.

Tech

Ariane 64 takes flight carrying Amazon’s broadband satellites

Ariane 64’s maiden launch from French Guiana carries 32 Amazon satellites, starting 18 missions to enhance global broadband access.

Published

18 hours ago

February 11, 2026

Harvey Vargas

Ariane 64’s maiden launch from French Guiana carries 32 Amazon satellites, starting 18 missions to enhance global broadband access.

Europe is entering a new spaceflight era as the Ariane 64 prepares for its maiden launch from French Guiana. The rocket, the most powerful ever developed in Europe, features four boosters and is capable of delivering more than 20 tonnes into low Earth orbit.

The launch window opens at 4:45 p.m. UTC and closes at 5:13 p.m. UTC, with the mission expected to last one hour and 54 minutes. During the flight, satellites will be deployed in pairs, marking a critical technical milestone for Europe’s space ambitions.

This first flight is a major test for the Ariane 6 program, setting the tone for future commercial and institutional launches from Europe’s space sector.

#SpaceLaunch #Ariane6 #AmazonSatellites #LEO #SpaceTech #BroadbandFromSpace #RocketScience #TickerNews

Tech

SpaceX shifts focus to Moon with ambitious Lunar City plans

Elon Musk shifts SpaceX focus from Mars to a 2027 Moon landing, merging with xAI for AI satellite networks.

Published

2 days ago

February 10, 2026

Harvey Vargas

Elon Musk shifts SpaceX focus from Mars to a 2027 Moon landing, merging with xAI for AI satellite networks.

Elon Musk has set his sights closer to home—literally. SpaceX is now prioritizing the creation of a self-sustaining city on the Moon within the next decade. The ambitious plan marks a major shift from previous Mars-focused strategies, aiming for an uncrewed Starship landing as early as 2027 to support NASA’s Artemis program.

This pivot comes as SpaceX merges with Musk’s xAI, combining the companies into a massive $1.25 trillion valuation. Musk believes the Moon offers practical advantages for launches, making it a more strategic stepping stone for humanity’s future in space.

Alongside lunar ambitions, SpaceX is also developing satellite networks to back AI technologies in orbit. Despite the excitement, NASA’s Artemis program has faced delays, pushing the first crewed lunar flight to March due to technical issues.

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Tech

Claude AI is transforming software engineering and productivity

Anthropic’s Claude AI now manages coding tasks, boosting productivity by 50% as engineers shift to oversight roles.

Published

3 days ago

February 9, 2026

Harvey Vargas

Anthropic’s Claude AI now manages coding tasks, boosting productivity by 50% as engineers shift to oversight roles.

Anthropic has confirmed that its AI, Claude, now handles almost all coding tasks at the company. Engineers are shifting from writing code to oversight and planning, marking a major change in how software development teams operate.

Users report a productivity boost of 50 percent since implementing Claude, highlighting the potential of AI to reshape workflows and day-to-day operations. The shift raises questions about the balance between human oversight and automated code generation.

The move has also affected markets, with shares of Indian IT services companies falling as investors assess the impact on traditional tech roles. Industry leaders stress that while AI can generate code, human input remains crucial for design, review, and strategic decision-making.

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