newjez Posted February 20, 2018 Share Posted February 20, 2018 http://www.afr.com/business/banking-and-finance/financial-services/nab-swings-axe-on-first-1000-jobs-20180218-h0wahj This is a worry. Is it just NAB, or will this waterfall? Quote Link to comment Share on other sites More sharing options...
Skani Posted February 21, 2018 Share Posted February 21, 2018 It's not a sign of NAB hitting troubled times - they announced these reductions in November at the same time as posting a $5.3 billion profit. But it is a sign of jobs disappearing because of automation. 1 Quote Link to comment Share on other sites More sharing options...
simmo Posted February 21, 2018 Share Posted February 21, 2018 28 minutes ago, Skani said: It's not a sign of NAB hitting troubled times - they announced these reductions in November at the same time as posting a $5.3 billion profit. But it is a sign of jobs disappearing because of automation. still a lot of job losses Quote Link to comment Share on other sites More sharing options...
Guest The Pom Queen Posted February 21, 2018 Share Posted February 21, 2018 I think it’s Australia catching up with the rest of the world. I also feel a lot of companies are going to be more automated in the coming years. One of the Oncology nurses who was training said to me that she was told nursing is one of the jobs that won’t be taken over by robots etc Quote Link to comment Share on other sites More sharing options...
Skani Posted February 21, 2018 Share Posted February 21, 2018 40 minutes ago, simmo said: still a lot of job losses Agreed. But I wasn't quite sure what Newjez meant by "will this waterfall"....whether he was implying an economic downturn. Quote Link to comment Share on other sites More sharing options...
Parley Posted February 21, 2018 Share Posted February 21, 2018 They also said they are recruiting 2000 new roles. The workforce is changing. It happens in most industries. Quote Link to comment Share on other sites More sharing options...
simmo Posted February 21, 2018 Share Posted February 21, 2018 I wish they had robot bricklayers when I was on the trowel. Quote Link to comment Share on other sites More sharing options...
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