NAB’s tech-led job cuts shows future challenges of the resume-free robot workforce

NAB chief executive Andrew Thorburn announced the big job cuts last week. Jessica Hromas by Ed Husic

It was news that didn’t just send a jolt through hardened market analysts. Last Thursday, NAB told everyone that one in 10 of its employees would be losing their jobs.

Not because of overseas competitors or a slide in its profits, 6000 employees will have their jobs taken by robots.NAB hastened to point out that 2000 new, higher-skilled, digitally centred jobs would be created in the meantime, but many of us will be very interested to see the approach the bank takes to retraining […]

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