ANZ: 400 jobs cut
ANZ is restructuring its technology teams, resulting in the layoff of 400 IT roles as part of a cost-reduction strategy. The changes are set to be finalized by early October 2026. This move is part of a broader effort to reshape the workforce and includes offshoring some positions.
Conservative
0
Core Estimate
60
Upper Bound
140
Sources
ANZ restructures 400 technology roles as Nuno Matos advocates pushing jobs offshore
ANZ restructures 400 technology roles as Nuno Matos advocates pushing jobs offshore # ANZ restructures 400 tech roles as Matos pushes offshoring Jack Derwin Financial services reporter Sep 25, 2026 – 5.00am ANZ is embarking on a major restructure of its technology teams, including offshoring roles and overhauling its New Zealand operations, as chief executive Nuno Matos continues to reduce costs and reshape the group’s workforce. The bank told its New Zealand staff this week it was slashing