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Australia's ANZ to cut 3,500 jobs as new CEO Matos takes charge
Yahoo Financeยท 2025-09-08 21:47
(Corrects to drop the word 'ugly' in the first and eighth paragraphs, and in the first bullet point) By Scott Murdoch and Christine Chen SYDNEY (Reuters) - 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. The bank said it would take a A$560 million ($369 million) restructuring charge, following one of the largest rounds of job cuts in the sector in recent y ...