Monday, March 5, 2012

Job threat betrayal, Australia...Welcome to our world

There's a new threat to Australian workers and their jobs, with big financial institutions planning to shift employment to Asia to reduce costs.

It's boosts profits, but cost thousands of jobs in areas once considered to be safe.

But the biggest slap in the face is that the workers who are facing the sack are being forced to train foreigners to take over their positions.

So what are the loopholes that are allowing people here on working visas to steal Aussie jobs?

Just how safe is your job?

A career in banking used to be a job for life, but lately bank employees are being terminated to make way for cheaper overseas contract workers.

The worst part is that Aussie bank employees facing redundancy are being forced to train foreigners to take over their positions. Read More