Salem Radio Network News Monday, October 19, 2026

Business

Australia’s NAB to cut up to 2,500 jobs as it simplifies operating model

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Oct 20 (Reuters) – National Australia Bank said on Tuesday it expects to reduce its internal workforce by up to 2,500 roles in 2027 as part of a broader overhaul aimed at simplifying its operating model and funding growth and technology initiatives.

(Reporting by Rajasik Mukherjee in Bengaluru; Editing by Shreya Biswas)

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