BNZ in talks with staff as digital adoption spurs restructure

Mon, 16 Oct 2017

By Paul McBeth Oct. 17 (BusinessDesk) - Bank of New Zealand is reviewing staff levels at some branches and is in talks with workers as part of a drive to adopt new digital technology in an environment where more customers are doing their banking online. First Union said more than 100 jobs may go in what it describes as a "massive" restructure of BNZ's branch network, with reduced hours and positions slated in more than 30 branches, it said in a statement. That equates to 2 percent of BNZ's workforce of about 5,000 full-time equivalents....

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