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Jonathan Barrett
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- 1NAB to cut 2,500 jobs in major restructure●NAB to cut 2,500 jobs in massive restructure By Jonathan Barrett Business editor Bank says bulk of redundancies will occ
National Australia Bank will cut 2,500 jobs under a large restructuring, with the bulk of redundancies expected before the end of the year. The bank cites a challenging economy, competition and rapid technological change. The scale of the cuts has drawn attention to pressures on Australia's banking sector and the outlook for affected staff.
- 2Firmus's Australian listing implodes within days of debut▼From boom to bust in five days: how Firmus’s much-hyped Australian stock market listing imploded | Jonathan Barrett
Firmus, an Australian tech firm, saw its much-hyped stock market listing collapse within five days of debuting on the Australian Securities Exchange. The Guardian's Jonathan Barrett charts the rapid turnaround from investor enthusiasm to a bust, highlighting how quickly sentiment shifted against the company after its launch.