Markets live updates: Woolworths to outsource hundreds of corporate jobs, ASX flat as US launches strikes against Iran
Woolworths plans to offshore hundreds of corporate jobs to Asia as part of a restructuring effort. Meanwhile, the Australian share market remains flat following US missile strikes against Iran.
Why it matters
The move highlights ongoing corporate trends in outsourcing and the sensitivity of global markets to geopolitical military escalations.
Link copied Share Share article Supermarket giant Woolworths will begin consulting with segments of its 10,000 corporate workers, with plans to offshore hundreds of roles to Asia.
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