Live: ASX in the red, NAB shares drop on 2,500 planned job cuts
Steadysingle sourceOne outlet reported this, in 3 reports over 2 days - no second voice in this corpus.
After publishing: 1 headline quietly rewritten1 change
- ABC News (Australia)seen 22 Oct, 07:13headline rewritten
NAB to slash up to 2,500 jobs in massive restructureNAB criticised for 'corporate spin' in major job cut announcement
Mon, 19 October 2026peak 2 reports on Mon, 19 October 2026Wed, 21 October 2026
What it is about
Who published it, and when
original reportedited after publishingfirst to report
ABC News (Australia)
19 Oct, 20:36over 2 days21 Oct, 23:59
How it spread - 3 original reports
Mon, 19 October 2026
2 reports- ABC News (Australia)20:36first to report
NAB plans to slash about 6pc of its workforce.The local share market has opened lower, with most sectors falling. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
- ABC News (Australia)22:30edited after publishing
previously
NAB to slash up to 2,500 jobs in massive restructureNational Australia Bank says it will cut about 6 per cent of its workforce by mid-2027, as it overhauls its operating model.
Wed, 21 October 2026
1 report- ABC News (Australia)23:59
NAB workers say the writing was on the wall regarding mass redundancies as the major bank pushes towards an offshore workforce and the uptake of AI.