Monday

2000 jobs in his sights

The Daily Telegraph
NATIONAL Australia Bank's 25,000 local employees face an uncertain future.Chief executive John Stewart has turned his attention to trimming fat from the bank's Australian operations after this week axing 1700 jobs in the UK. Unions yesterday said 600 jobs are likely to be lost in an ongoing restructure after the foreign exchange trading debacle and resignation of former CEO Frank Cicutto and chairman Charles Allen. more...

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