The cuts are part of a shake-up in the bank's back office operations.
The NAB, the second-biggest bank in Australia, has been finalising consultations with the Finance Services Union over the cuts, reports theThe redundancies impact staff working in the personal lending, technology, corporate finance and client coverage departments.National Australia Bank signage is seen at a branch in Adelaide, Friday, September 14, 2018.9News.com.au has contacted NAB has been for comment.
This latest report of NAB redundancies comes after the bank decided last month to axe about 60 jobs from its markets division as part of a restructuring operation.
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