ANZ NZ says no big job cuts amid 'Nuno-geddon', staff fear otherwise

ANZ NZ staffers glum on fears of job losses. (Image: Getty)

Tue, 09 Sep 2025

The Australia and New Zealand Banking Group is axing about 3,500 jobs and 1,000 contractors to drive efficiency.Its NZ unit says some 20 to 30 mostly head office roles may be cut on this side of the Tasman, and staff fear there may yet be more. “There are some small changes under way in New Zealand which may impact between 20 and 30 mostly head office roles,” a spokesman for ANZ NZ said, adding that this represented similar levels of organisational change compared with prior years.These details fleshed out the lender's earl...

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