Westpac's $178M Bet: Is Fit for Growth Worth It?
Update: 2025-10-15
Description
Westpac Bank is betting big on its future, swallowing a $178 million USD restructuring charge as part of its Fit for Growth program. This move aims to streamline operations and boost long-term profits, but it could mean short-term pain for investors and uncertainty for employees. Will this massive overhaul pay off, or will Westpac's gamble fall flat?
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