NAB, the nation’s second-largest financial institution, would begin the layoffs as early as this week however is but to announce the modifications internally, the report stated.
If confirmed, it could imply the NAB follows rivals Commonwealth Bank of Australia and Westpac in shedding jobs to chop prices amid rising inflation and rates of interest.
A spokesperson for NAB informed 9news.com.au it commonly monitored its business operations.
“We regularly look at the ways we work to ensure we are serving our customers well,” the spokesperson stated.
“If change occurs that impacts roles, our priority is to ensure we provide care and support to those individuals impacted.”
In July, the NAB introduced its lowest-paid staff would obtain a 17.5 per cent pay increase over the course of three years beneath a brand new pay deal.
Source: www.9news.com.au
