A further wave of job cuts may be on the way at National Australia Bank.
The Finance Sector Union yesterday said NAB advised that "between now and September 30 there will be significant change."
The FSU also said NAB had confirmed a "consultation process [will] commence, but specific details of who is affected and the specific work locations of affected members" was something the bank was still to disclose.
A NAB spokesperson told
The Australian that "some changes are being made to its structure, to ensure it better aligns to the changing external landscape and allow it to focus on simplification and digitization."
The bank said that "to date, the bulk of changes to overall staff numbers has been achieved through natural attrition."
NAB also said it had "no near-term plans for large-scale offshoring".