Media releases

The FSU says it’s a huge insult that workers who have found out their jobs are on the line through a news alert that’s popped up on their phone while they’re making their breakfast or getting the kids ready for school.

This comes off the back of ANZ’s credibility already being in question after a humiliating email botch-up under Nuno Matos’ leadership revealed job cuts to staff once again before they had even been briefed.

This amounts to corporate vandalism and shows utter contempt for staff, customers and the community, the union says.

The cuts would impact 14 per cent of the workforce from its retail and technology divisions. 

When asked by the FSU who would do the work of the 3,500 sacked staff, ANZ had no answer — except to say the work would simply stop.

The FSU will be fighting for workers by taking this to the Fair Work Commission.

Finance Sector Union National President Wendy Streets:

“ANZ’s plan is pure corporate vandalism: destroying livelihoods, gutting communities and feeding greed.

“ANZ is one of the most profitable banks in the world, yet it is betraying 3,500 workers simply to chase even bigger profits. This is out of control — it’s not strategy, it’s unhinged.

“This isn’t a plan, it’s chaos. You cannot build the future of Australia’s biggest bank on secrecy, incompetence and betrayal. 

“Workers built this bank and kept it strong through crisis after crisis, now those same workers are being discarded so ANZ executives can feed an out-of-control profit machine.”

Media contact: Kate Shuttleworth – 0447 418 726 or [email protected]