Qantas to cut 850 Australian jobs and outsource work to India under AI-driven overhaul
Published . Updated .
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Australian carrier announces agreement with Accenture amid ‘unprecedented’ technological disruption, CEO Vanessa Hudson says
Directly affected
- ACN Accenture+49.3% 30d
Named in this report.
Indirectly affected
- QQQ Invesco QQQ-9.8% 30d
Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- AIQ Global X Artificial Intelligence & Technology ETF-5.7% 13d
Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- EWA iShares MSCI Australia ETF+0.1% 30d
iShares MSCI Australia ETF holds stocks listed in Australia, which this story is about (“australian”).
- INDA iShares MSCI India ETF-4.7% 14d
iShares MSCI India ETF holds stocks listed in India, which this story is about (“india”).
- MSFT Microsoft+4.1% 30d
Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
- GOOGL Alphabet-15.6% 30d
Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
- AMZN Amazon.com+5.3% 30d
Amazon.com (catalog and mail-order houses): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
- META Meta Platforms-14.7% 30d
Meta Platforms (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| ACN | +0.04% | +4.25% | base | after close | after close | after close | after close |
| QQQ | +0.96% | -4.53% | base | after close | after close | after close | after close |
| AIQ | +1.26% | -4.42% | base | after close | after close | after close | after close |
| EWA | -1.99% | -1.35% | base | after close | after close | after close | after close |
| INDA | -5.30% | -2.59% | base | after close | after close | after close | after close |
| MSFT | -4.47% | -1.64% | base | after close | after close | after close | after close |
| GOOGL | -2.86% | -1.91% | base | after close | after close | after close | after close |
| AMZN | -6.07% | -2.36% | base | after close | after close | after close | after close |
| METAPrices arriving within minutes | — | — | — | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Australian carrier announces agreement with Accenture amid ‘unprecedented’ technological disruption, CEO Vanessa Hudson says Qantas is preparing to cut 850 local jobs and outsource work offshore under an AI-driven overhaul, marking a growi…
Source: The Guardian
This story
| Company | When | Move | Status |
|---|---|---|---|
| ACN | three days earlier | +4.25% | final price |
| ACN | five days earlier | +0.04% | final price |
| AIQ | three days earlier | -4.42% | final price |
| AIQ | five days earlier | +1.26% | final price |
| AMZN | three days earlier | -2.36% | final price |
| AMZN | five days earlier | -6.07% | final price |
| EWA | three days earlier | -1.35% | final price |
| EWA | five days earlier | -1.99% | final price |
| GOOGL | three days earlier | -1.91% | final price |
| GOOGL | five days earlier | -2.86% | final price |
| INDA | three days earlier | -2.59% | final price |
| INDA | five days earlier | -5.30% | final price |
| MSFT | three days earlier | -1.64% | final price |
| MSFT | five days earlier | -4.47% | final price |
| QQQ | three days earlier | -4.53% | final price |
| QQQ | five days earlier | +0.96% | final price |
Congressional trades in the stocks in this story
- Rep. Michael T. McCaul bought Accenture (ACN) (held by a spouse), worth $50,001 - $100,000 on 28 Aug 2026. That is 74 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Scott Scott Franklin bought Accenture (ACN), worth $1,001 - $15,000 on 26 Aug 2026. That is 76 days before publication. Filed 17 Sep 2026. View the filing.
- Rep. Scott Scott Franklin bought Accenture (ACN) (held by a spouse), worth $1,001 - $15,000 on 26 Aug 2026. That is 76 days before publication. Filed 17 Sep 2026. View the filing.
- Sen. Shelley M Capito sold Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 21 Oct 2026. That is 20 days before publication. Filed 4 Nov 2026. View the filing.
- Sen. Sheldon Whitehouse sold Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 15 Oct 2026. That is 26 days before publication. Filed 2 Nov 2026. View the filing.
- Rep. Pete Sessions sold Microsoft (MSFT) (held by a spouse), worth $250,001 - $500,000 on 2 Oct 2026. That is 39 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Alphabet (GOOGL), worth $15,001 - $50,000 on 14 Sep 2026. That is 57 days before publication. Filed 18 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Alphabet (GOOGL) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 67 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Thomas H. Kean Jr sold Alphabet (GOOGL), worth $1,001 - $15,000 on 27 Aug 2026. That is 75 days before publication. Filed 12 Sep 2026. View the filing.
- Rep. Pete Sessions sold Amazon Com (AMZN), worth $15,001 - $50,000 on 27 Oct 2026. That is 14 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Amazon Com (AMZN) (held by a spouse), worth $100,001 - $250,000 on 2 Oct 2026. That is 39 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Amazon Com (AMZN) (held by a spouse), worth $1,001 - $15,000 on 28 Aug 2026. That is 74 days before publication. Filed 14 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100
“Qantas to cut 850 Australian jobs and outsource work to India under AI-driven overhaul” scores 12 out of 100. The score uses 1 sources.