ANZ Bank News: Nuno Matos Calls 3,500 Job Cuts ‘Last Resort’
ANZ Bank has announced plans to cut 3,500 jobs. The decision comes at a time when banks worldwide are under pressure. Rising costs, digital disruption, and changing customer behavior are forcing tough choices. For ANZ, these cuts are not made lightly. Nuno Matos, the bank’s CEO, called the move a “last resort.”
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