Category : Search result: NAB redundancies


Amazon sacks UK drivers, replaces them with AI

Amazon has terminated hundreds of its UK delivery drivers, citing the success of its new AI-powered 'Project Cornucopia' logistics system. The move has sparked outrage from unions and raised serious questions about the future of employment in the age of a

AI Axes 800 Jobs at Mirror & Express Publisher Reach

Britain's largest newspaper publisher, Reach PLC, announces a drastic cost-cutting plan to replace hundreds of editorial roles with artificial intelligence, sparking fears for the future of local and national journalism.

NSW regulator lifts order blocking UTS job cuts

The University of Technology Sydney can proceed with its controversial restructure after the NSW regulator lifted its order, despite ongoing union concerns over job losses and transparency.

Atlassian Axes 5% of Staff in Major AI Restructuring

Australian tech giant Atlassian, co-founded by billionaire Mike Cannon-Brookes, is laying off 5% of its staff in a strategic pivot towards artificial intelligence, impacting hundreds of employees globally.

UK Gov approves £4.25m Welsh aid for Tata Steel workers

The UK Government has greenlit a crucial £4.25 million support package from the Welsh Government for Tata Steel workers facing redundancy in Port Talbot, marking a significant intervention in the ongoing steel crisis.

ConocoPhillips Axes 25% of UK Oil Workforce

US oil giant ConocoPhillips has announced deep cuts to its British operations, slashing a quarter of its UK workforce. The move signals a major shift in the North Sea energy landscape and raises concerns about the future of the region's oil industry.

UK Job Cuts Accelerate at Fastest Pace Since 2021

New data from the Bank of England shows British businesses slashed jobs at the most rapid rate in four years during summer 2025, amid weakening demand and persistent economic pressures.

Lotus to Cut 200 Jobs in Major Electric Vehicle Restructure

Norfolk-based sports car manufacturer Lotus is set to cut up to 200 jobs as part of a significant restructuring plan, citing a necessary strategic pivot towards an all-electric future under its Chinese parent company, Geely.

Selfie Scam: Fraudsters Exploit NAB's Facial Recognition

Exclusive: A sophisticated criminal syndicate exploited a major flaw in National Australia Bank's 'selfie' identity verification, stealing over $1.5 million in a high-tech fraud that raises serious questions about biometric security.

TikTok Slashes Hundreds of UK Jobs in Major Restructure

TikTok has announced a significant restructuring of its UK operations, resulting in hundreds of job losses. The move impacts sales and advertising staff as the tech giant streamlines its European business.

UTS slammed for mental health tips before job cuts

UTS staff were left furious after receiving 'tone-deaf' wellbeing advice just days before facing potential redundancies. Critics slam the university for insensitivity amid looming layoffs.

NAB fined £15m for customer misinformation

National Australia Bank (NAB) has been hit with a hefty £15 million penalty for providing false information to customers. Discover the details behind this financial scandal.

Santander UK job cuts amid profit push

Santander UK reveals plans to slash jobs as part of a cost-cutting strategy to boost profits. Find out how this decision impacts employees and the banking sector.

Prax Lindsey Oil Refinery to Close, 300 Jobs Lost

The Prax Lindsey oil refinery in Lincolnshire is set to close, leaving hundreds of workers facing redundancy. The decision has sparked concerns over local employment and energy security.

JLR confirms 500 management redundancies

Jaguar Land Rover confirms 500 management redundancies, calling it 'standard business practice' despite criticism over its recent rebranding strategy.

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