NAB has joined a big four banking rival by shedding jobs in response to mounting share price pressure and artificial intelligence advances.

The bank was accused of betraying its workers and their families by a union after announcing the loss of 410 jobs, while more than 300 others from its technology and enterprise operations are affected by changes to their employment.

A total of 127 roles will be created in India and Vietnam.

NAB said having a global workforce would lead to better outcomes for customers through extended operating hours, speeding up processes and improving turnaround times.

"The environment we operate in is constantly changing and we need to have the right structures alongside the right skills and capabilities in the right locations to help us deliver for our customer

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