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Searched Tag: job cuts

The company employed almost 2,70,000 workers as of the end of 2024.

IBM to cut thousands of jobs as focus shifts on software growth

November 5, 2025, 01:10 PM - 2 min read

As Artificial Intelligence (AI) takes centre stage, tech companies have announced mass layoffs in recent months, preferring to spend their bucks on honing in on software than personnel

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NAB’s announcement comes one day after rival ANZ Group said it would cut 3,500 jobs over the next year as new chief executive, Nuno Matos, aims to simplify the bank’s structure and cut duplication

NAB to cut 410 jobs in Aus; create roles in India, Vietnam

September 10, 2025, 01:38 PM - 2 min read

The National Australia Bank (NAB) has decided to cut as many as 410 jobs in its technology and enterprise operations in Australia to make way for 127 roles in India and Vietnam, a spokesperson said

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