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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
Add BT as a preferred sourcePublished Thu, Nov 2, 2017 · 09:50 PM
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 a digital future. Some 2,000 new jobs will be created.
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