# NAB to cut 2,500 jobs in massive restructure

- Source: Guardian World
- Published: 2026-10-20T00:58:51+00:00
- Category: World
- Original: https://www.theguardian.com/australia-news/2026/oct/20/nab-bank-restructure-2500-jobs-cuts
- Canonical: https://groundlevelnews.com/story/nab-to-cut-2-500-jobs-in-massive-restructure-081c40/

Bank says bulk of redundancies will occur before end of year, citing challenging economy, competition and ‘rapid technological change’ Get our breaking news email , free app or daily news podcast National Australia Bank is cutting 2,500 jobs, representing 6% of its workforce, marking another significant round of cuts in a sector heavily exposed to disruption by artificial intelligence. NAB said in

_Ground Level News shows a short summary only; the full article and all rights belong to Guardian World._