Bank Is About To Sack 6000 Staff After Making $6.6 BILLION Profit

"And as we simplify, we automate processes and things move to digital channels, we will need less people and as that happens we estimate that there will be 6,000 less people needed in three years’ time", he said.

Technology has forced the company to re-evaluate its workforce, NAB chief executive Andrew Thorburn – who earns a salary of $6.7 million – said on Thursday.

The bank said its statutory net profit rose to A$5.29 billion from A$352 million from the previous year when it took a one-off charge related to the sale of its British business."Having said that, we’re hiring 2,000 […]

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