ANZ National confirms will cut up to 200 middle management jobs

ANZ National confirmed over the weekend that up to 200 middle management jobs will be lost in New Zealand as part of ANZ's group-wide cost reduction programme. The Sunday Star Times reported that these jobs were part of 900 jobs being shed overall in New Zealand, including 200 branch and call centre staff and 500 back office staff. * This article was first published yesterday in our daily subscription newsletter for the banking and finance industries. The email costs NZ$365 per annum and carries exclusive news and analysis for New Zealand banking and finance industry executives, regulators and investors. Sign up for a free trial here.