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ANZ to cut 800 jobs in next two weeks

by Staff Reporter7 minute read
The Adviser

ANZ confirmed on Friday that up to 800 of the bank’s employees will lose their jobs before Christmas.

In a statement last month, the bank told Mortgage Business the job cuts will be to middle management roles.

Meanwhile the broader outlook for employment continues to weaken with the Olivier Job Index recording a drop in job advertisements for the fifth consecutive month in November.

48,000 fewer jobs were recorded per week on average over the month, compared to October, the index showed.

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