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NAB Cuts 170 Jobs Amid Business Division Shake-up
26 Mar
Summary
- National Australia Bank proposes approximately 170 job cuts.
- The cuts are part of a restructuring of the business division.
- New roles are being created offshore as part of the changes.
National Australia Bank (NAB) has proposed cutting approximately 170 jobs nationwide. This significant workforce reduction is linked to a broader restructuring initiative within the bank's business division.
As part of the same strategic realignment, NAB is also planning to establish new roles situated in offshore locations. The Finance Sector Union disclosed this proposal on Thursday, March 26, 2026, indicating a period of change for the bank's operational structure.
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