5news.Australian news, all in one place

BREAKING

› Bartlett blitz gives Queensland control of SA in Shield › Star skipper departs as Collingwood’s disastrous season plunges into crisis › South Africa v Australia: second men’s cricket Test, day three – live › ‘As tall as you can go’: The NYC-style density plan for Melbourne’s future › The report into the Caulfield Cup horse death has been released, but we need more information › Melbourne gets a serve of Trump and ‘New York blunt’ from Bill de Blasio › Dallas Cowboys cheerleader cuts ties with Perth activewear brand after slur scandal › Friend of ex-cop gives evidence in double murder trial › Concerns over the escalation of political extremism › NAB to axe thousands of jobs in massive restructure › Bartlett blitz gives Queensland control of SA in Shield › Star skipper departs as Collingwood’s disastrous season plunges into crisis › South Africa v Australia: second men’s cricket Test, day three – live › ‘As tall as you can go’: The NYC-style density plan for Melbourne’s future › The report into the Caulfield Cup horse death has been released, but we need more information › Melbourne gets a serve of Trump and ‘New York blunt’ from Bill de Blasio › Dallas Cowboys cheerleader cuts ties with Perth activewear brand after slur scandal › Friend of ex-cop gives evidence in double murder trial › Concerns over the escalation of political extremism › NAB to axe thousands of jobs in massive restructure

Business

NAB slashes 2500 jobs amid fears other banks will swing the axe

Sydney Morning Herald - Business · 20 October 2026 at 9:49 am

NAB slashes 2500 jobs amid fears other banks will swing the axe

The National Australia Bank has announced it will axe up to 2500 jobs over this financial year, while also reducing the use of external consultants.

Read the full article on Sydney Morning Herald - Business ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.smh.com.au — the content belongs to Sydney Morning Herald - Business.

More from Sydney Morning Herald - Business

‘We’re not afraid of risk’: Big Oil goes back to Iraq

Sydney Morning Herald - Business · 20 min ago

Mongolian gas prize beckons as TMK Energy clears discovery hurdle

Sydney Morning Herald - Business · 1 h ago

The Grinch is stealing this Christmas from NAB workers, AI comes next

Sydney Morning Herald - Business · 2 h ago

Aurum hits thick gold ahead of West African resource upgrade

Sydney Morning Herald - Business · 3 h ago

More in Business

Mongolian gas prize beckons as TMK Energy clears discovery hurdle

Sydney Morning Herald - Business · 1 h ago

The Grinch is stealing this Christmas from NAB workers, AI comes next

Sydney Morning Herald - Business · 2 h ago

Aurum hits thick gold ahead of West African resource upgrade

Sydney Morning Herald - Business · 3 h ago

Critical Resources locks in Suriname gold trifecta

Sydney Morning Herald - Business · 4 h ago

Critica tables monster $2.7B valuation for WA rare earths play

Sydney Morning Herald - Business · 5 h ago

China’s export boom is becoming its Achilles heel

Sydney Morning Herald - Business · 6 h ago