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Economy · Australia

The more big companies axe staff, the closer we get to a recession

Outlet: ABC News Australia · David Taylor · Published 20/10/2026 06:24 UTC

Only ABC News Australia reports this: no contrast yet

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It's not just NAB that is slashing its staff numbers, as large businesses look for ways to become "more agile" during lean times. But could this turbo-charge the path to recession?

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Source
https://www.abc.net.au/news/2026-10-20/nab-layoffs-big-companies-axing-staff-closer-recession/107288940
Published
20/10/2026 06:24 UTC
Captured
20/10/2026 11:56 UTC
Text fingerprint
d4f78f7d2f8e3bbb · 1141 words
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