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AAP

Business

Fraser Barton

'Unhinged': 4500 jobs to be slashed in bank restructure

ANZ Nuno Matos Australia

Thousands of ANZ workers are set to lose their jobs over the next year in a major restructure. (Darren England/AAP PHOTOS)

Thousands of jobs will be slashed in a major bank restructure, sparking criticism of the "unhinged" decision.

ANZ announced on Tuesday that 3500 staff and 1000 contractors would be laid off by September 2026 as part of the $560 million plan.

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Top stories on inkl right now

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One subscription that gives you access to news from hundreds of sites

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US military restricts troops from leaving the base in Okinawa after Marine is arrested in a killing

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