Inside Track briefing for the week of 9 November 2026

Anon please

Deloitte laid off people across their internal services business unit last week. Due to ‘restructuring and business needs’. Think from other business units too.

Anon pls. Deloitte Access Economics also let around 15 staff go last week, mainly directors. Apparently more to come. This comes after news a few months ago that directors who don’t meet targets will automatically be put on a PIP

Anon please. Officeworks offshoring continuing to Phillipines and India. Long lead time for some roles (nov-April) marked as “possible redundancies”. Staff made to work notice period and train your replacement offshore.

You can add Suncorp into this list of redundancies.

The Home and Motor Claims Transformation spaces have been stripped to less than half of what it was.

Most people found out if they had a job this week or were successful in EOIs for what roles were left

Anon please. Government essential services business South East Water new managing director and execs told staff at town hall that we need to reduce head count. No communication yet constant threat of losing your job, mass burn out across 1000+ employees and multiple anonymous Worksafe and Union reports. The culture is so toxic people think they are trying to make it uncomfortable so people leave and they don’t have to pay redundancies. Similar to NAB, hundreds of job losses but no communication or consultation.

Anon pls - Canva just made multiple people redundant from today and estimated to be approximately 20% of their staff once completed

Anon please. Many restructure announcements within digital and design at IAG today. Not sure how large but definitely one to watch

Anon please

NAB is offshoring more fraud operations roles to India, including those supporting white-label banking partners.

A much larger transition is planned for FY28, with hundreds of Australian fraud roles expected to move entirely to India, including fraud investigations and customer calls.

Concerns remain over tight timeframes driven by cost-cutting targets and the potential impact on customers.

Nab just split their EOY conversations with staff which are usually one discussion being rating outcome and variable reward (bonus) and fixed reward, the mandatory increase for the coming year. This week that are only doing the Variable and rated discussions. Why? Not because of being mindful of already impacted staff. It’s because anyone rated lest than a 3 is automatically put into the next round of redundancy! Therefore if you are only a partially achieved no matter what you are listed next to be sacked and CEO has instructed zero bonus! Even if you’ve only recently joined in the last 6-12 months. That was communicated today to staff.

FSU have been notified and commenced a specific team of employee relations unit to support challenging unfairly rated staff which has a target number of 2000

ASIC have engaged PWC who have come into nab and undertaking an audit of NAB’s risk practices given a vast number of the the impacted colleagues are checked out & nobody is there to do the work together with history of failed risk practices, internal fraud and misconduct as part of the audit underway now.

Anon please - Qantas just announced 850 roles being impacted due to new Accenture partnership and offshoring AI capabilities to India. Impacts will start in finance, procurement, people and marketing by mid-2027.

Cerebral Palsy Alliance understanding redundancies across the board amid cost cutting due to ongoing revenue challenges

Not sure if you’re also aware but they have also shut down the KPMG office in Townsville a couple months ago and made everyone redundant along with the earlier restructuring they made

Kpmg lost Crown Resorts audit effective immediately

Please keep anon

Anon please- Ventia informed company wide of business restructure with multiple redundancies to come Dec 1 to slash overheads by 30 million staff notified after release to shareholders

Correct statement word for word “The initiatives today are expected to deliver at least 30 million in annualised cost saving by Dec 2027

Anon pls - Mirvac is doing a wave of redundancies right before Christmas. Told that it’s due to market conditions, but over 100 people in Development alone are being cut in the next month. No one from leadership is talking about it, and they’re trying to get them all under the radar.

Of the 15 odd Finance teams, only 8 will be retained with all BEN staff and the others will be a mix of GenPact and BEN - all with reduced roles. Basically all ops based jobs will be going to GenPact with Senior Managers being retained and new Lead Engagement roles (only minimal available) to manage GenPact and BEN relationships.

Likely mass redundancies, with the run off date pushing to May next year

Anon please. ANZ Worldline (the merchant services wing of ANZ) had their restructure announced today. Sales, BDMs impacted.