NAB announces 2,500 job cuts as NAB stock trades at EUR 25.67
Published on 10/24/2026 at 10:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSWorkforce changes and dates
- National Australia Bank announced plans on October 20, 2026 to reduce its internal workforce by up to 2,500 roles.
- NAB stock trades in weekend trading at EUR 25.67 at 10:09 a.m. CEST on October 24, 2026 at Lang & Schwarz.
- The next Xetra session is scheduled for October 26, 2026.
National Australia Bank announced on October 20, 2026 that it plans to reduce its internal workforce by up to 2,500 roles, including up to 1,500 before the end of 2026, according to the bank’s company announcement.
NAB stock trades in weekend trading at Lang & Schwarz at EUR 25.67 at 10:09 a.m. CEST on October 24, 2026. The quote is unchanged from EUR 25.67 in the Lang & Schwarz data.
Weekend trading
National Australia Bank’s weekend-trading quote was EUR 25.67 at 10:09 a.m. CEST on October 24, 2026. The further course of weekend trading at Lang & Schwarz until 1:00 p.m. CET/CEST is shown by the continuously updated real-time quote of NAB stock.
Market context: Market report S&P/ASX 200.
Operating model changes
NAB said the workforce reduction forms part of measures to simplify its operating model and prioritize growth and technology initiatives. The bank expects to recognize an approximately AUD 300 million pre-tax restructuring charge in fiscal 2027, covering redundancy, redeployment and organizational redesign costs. Further details are due with its fiscal 2026 results on November 5, 2026, the NAB announcement said.
Next Xetra session
The next Xetra session is scheduled for October 26, 2026.
