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This week's Flat White3 November 2026
Is it time for a side-hustle?
In this week’s newsletter, we look at what happens to people who swap a bank or law firm for a bakery or side-hustle. We’ve also got another rate rise set to happen later today and and 3 in 4 cars that are being salary packaged are now electric.
What we do
Four things, one community.
Data & Insights
Big Conversations, advice and our own anonymous surveys on pay, bonuses and parental leave.
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The Big Conversation
What corporate Australia told us this month.
Inside Track
Heard it here first
Redundancies, offshoring and restructures often reach our DMs before they reach the news. The latest, in the words they arrived in.
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Redunacies at Canva - 1,271 people, or 22% of Canva - can confirm this from email sent out this morning. Also expected return to work 2-3 days a week for hybrid employees Staff were told in the email if their role was was impacted or not
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Anon please. Woolworths have commenced conversations cutting 50% of capital finance roles. They are imminently about to start the same impact across all FP&A teams offshoring to India
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Hearing some whispers about some big trouble at Aussie.. An internal investigation has uncovered some loose lips and staff are being called in to sign NDAs, news coming out tomorrow.
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Correction, NAB haven't cancelled Xmas all functions but some divisional and subdiv level functions have been cancelled, encouraging business units to have their own and no change to the funding guidelines. Not much to celebrate however given the orgchange, likely being the last time some colleagues would be seeing each other Same as previous years, $50 a head with anything above that self funded Anon- So nab has delayed all non voluntary redundancies until late jan after meeting with FSU....
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Anon only - WBC layoffs much bigger than previously suggested and across all divisions. Real lack of transparency and clamp down on confidentiality
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Anon plz - EnergyAustralia cuts continue, 30% of heads of layer made redundant, deeper cuts to be announced this side of Christmas.
The stories we're following
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Christmas
A corporate guide to Secret Santa
A $25 to $30 budget and no idea? The 10 gifts the community submitted most, the ones to avoid, and a list for every kind of colleague.
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A community and media brand for people who work in corporate Australia. We use humour to talk about the serious and not-so-serious parts of corporate life, with the news, the Big Conversation, our own surveys and events.
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From you. Our salary figures come from anonymous submissions from the community, 40,000+ across our surveys so far. See the survey results
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