Acenda's Workforce Reductions Post-Merger Raise Union Concerns
Acenda's Workforce Reductions Post-Merger Raise Union Concerns
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In the wake of the merger between MLC Life and Resolution Life Australia, the newly formed entity, Acenda, has implemented significant workforce reductions, leading to union criticism over the consultation process.
The Finance Sector Union (FSU) reports that over 200 employees have been laid off since the merger's completion in October 2025. The union alleges that these redundancies were executed without adequate consultation, describing the process as 'chaotic'.
Acenda's spokesperson acknowledged the impact on employees, stating that an extensive consultation process commenced in January, focusing on supporting those affected. This included exploring redeployment opportunities and providing transition support.
The restructuring aims to establish a new operational framework to deliver on strategic objectives and customer commitments. However, the FSU has initiated a formal dispute, demanding transparency on the scale of job cuts and proper consultation before further restructuring.
For business owners and executives, this situation underscores the importance of clear communication and thorough consultation during organisational changes. Ensuring that employees are adequately informed and supported can mitigate unrest and maintain morale during transitions.
Published:Tuesday, 31st Mar 2026 Source: Paige Estritori
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