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National Australia Bank axes 6,000 jobs as annual profit jumps

The positions will go as the bank further automates and simplifies its business to reshape for a digital future

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Mr Thorburn says he is optimistic about the future after divesting low returning businesses such as Clydesdale and Great Western banks.

Sydney

UP TO 6,000 jobs will be axed in a major restructuring at National Australia Bank, the lender said on Thursday after posting A$5.28 billion (S$5.54 billion) in annual net profits.

The positions will go as the bank further automates and simplifies its business to reshape for

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