ANZ's NZ operation may escape worst of 'Nuno-geddon'

ANZ Group's new chief executive Nuno Matos and ANZ NZ CEO Antonia Watson. (Image: Getty/NZME/Jacques Steenkamp)

Wed, 10 Sep 2025

The Australia and New Zealand Banking Group's NZ arm may escape relatively unscathed from the 4,500 jobs being axed by the trans-Tasman lender, aside from about 20-30 job cuts.On Thursday, NZ staffers reported a glum mood inside ANZ NZ, believing they too would be affected by job losses dubbed “Nuno-geddon”, after the bank’s new chief executive, Nuno Matos.Get up to date fast. Join BusinessDesk's WhatsApp channel.Against this backdrop, several staff members have told BusinessDesk of their concerns about job losses in N...

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