Source : THE AGE NEWS
The National Australia Bank has announced it will axe up to 2500 jobs, or about 6 per cent of the workforce, over the next financial year.
The bank made the announcement on Tuesday morning, saying up to 1500 jobs will go before the end of the 2026 calendar year. It will also reduce its use of consultants and external contractors.
NAB chief Andrew Irvine said the moves are designed to make the bank more efficient and that the cuts will have no “material impact to customer-facing roles”.
More to come
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