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NAB to cut 2,500 jobs in massive restructure
Confidence88·multiple reportsImportance92NP-EVT-20261020-18A1DA7
Bank says bulk of redundancies will occur before end of year, citing challenging economy, competition and ‘rapid technological change’ Get our breaking news email , free app or daily news podcast National Australia Bank is cutting 2,500 jobs, representing 6% of its workforce, marking another significant round of cuts in a sector heavily exposed to disruption by artificial intelligence. NAB said in a statement on Tuesday that the bulk of the redundancies would occur before the end of
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NAB to cut 2,500 jobs in massive restructure
Jonathan Barrett Business editor · 10/20/2026, 12:58:51 AM
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