ANZ to Slash 3,500 Jobs in Major Restructuring Under New CEO
Australia’s ANZ Group plans to eliminate roughly 3,500 jobs—about 8% of its workforce—and an additional 1,000 contractor roles by September 2026. The restructuring, led by newly appointed CEO Nuno Matos (since May 2025), aims to cut duplication, end non-essential projects, and foster a performance-driven culture. The bank will book a restructuring charge of A$560 million (~US$369 million) in pursuit of long-term health and efficiency. ANZ … Continue reading ANZ to Slash 3,500 Jobs in Major Restructuring Under New CEO
