NAB Slashes Hundreds of Tech Jobs in Major Banking Sector Shake-up

NAB to cut over 400 jobs amid sector-wide layoffs

National Australia Bank (NAB) has announced plans to eliminate more than 400 jobs within its technology and enterprise operations division. NAB stated that the job cuts aim to streamline team structures. A spokesperson for NAB explained, “Like many businesses, we regularly look at the way we work and how we’re structured to deliver the best experience we can for our customers.” They added that “While some roles are no longer required or may move…

NAB Slashes Hundreds of Tech Jobs in Major Banking Sector Shake-up

Wave of Job Cuts Hits Australian Banking Sector National Australia Bank (NAB) has announced the elimination of 410 positions in its technology and enterprise operations division in Australia, while simultaneously creating 127 new roles in India and Vietnam. This restructuring comes at a critical time for Australia’s banking sector, as major financial institutions undergo significant operational changes. Timing and Impact The announcement has pro…