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NAB axe staff and add some

NAB axe staff and add some

(7 April 2009 – Australia) NAB has cut 213 staff from its workforce, including frontline branch staff, while also creating 60 back office roles and looking for more business bankers. NAB is seeking to improve the efficiency of its branches, which number 750 bank-wide.

The change means that 113 jobs will be lost from branches. NAB has indicated that the majority of these will come from NSW.

In fact, 75 jobs in NSW branches will be lost after a pilot program undertaken by the bank trialled the movement of administrative tasks out of the branches and into the hands of back office staff working collectively offsite.

A NAB business banking spokesperson said that the changes that the bank is implementing in NSW are designed to improve the experience of customers by making bankers more available to them.

The spokesperson added that NAB will achieve this through a reallocation of how administration and processing activities are performed.

There will be 60 new jobs created in these back-office roles, although sacked staff will need to reapply for any new position.

Also, NAB announced that 95 management and support roles will also go, after nabCapital was restructured into the business banking operations of the bank.

NAB is still, however, looking for more staff in business banking. At present, the bank is looking for 155 new business bankers to bolster their team.
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