National Australia Bank (NAB) has announced plans to slash 2,500 roles, about 6 per cent of its workforce, as part of a restructuring that staff say involves a 'spill and fill' strategy where entire teams must reapply for their jobs. Workers have voiced deep concerns over offshoring and the growing role of AI in replacing roles, with the Finance Sector Union condemning the move as a 'wrecking ball' so close to Christmas.
organisation
Finance Sector Union
Australian trade union for finance workers