Australia's ANZ to cut 3,500 jobs as new CEO Matos takes charge

ANZ Group's new CEO Nuno Matos warned of more changes to come at the Australian lender after the announcement of 3,500 job cuts on Tuesday, but said the decisions would safeguard its future growth. Read More

Australia's ANZ Bank to Cut 3,500 Jobs in A$560 Million Restructure -- Update

SYDNEY--ANZ Group will cut more than 8% of its workforce and record almost US$370 million in costs as Australia's fourth-largest bank restructures under its new chief executive. Read More

National Australia Bank cuts 410 jobs, to hire in India and Vietnam

National Australia Bank is cutting 410 jobs in its technology and enterprise operations in Australia and creating 127 roles in India and Vietnam, a spokesperson said, confirming cuts first revealed by ... Read More

ANZ to cut 3,500 jobs as part of major restructure

ANZ Group will cut 3,500 staff and 1,000 contractors by September 2025 as part of a restructuring move that will cost $560 million. The announcement on Tuesday is the first significant step under ... Read More

ASX sinks as major bank reveals job cuts

Australia’s sell-off of the banks and energy stocks continued on Tuesday, despite Wall Street hitting a record high. Read More