Overview

• Automated messages informed senior Group 2 and Group 3 retail managers of finishing dates and laptop‑return steps before any face‑to‑face redundancy conversations.
• ANZ halted the erroneous distribution, offered psychological counselling, and accelerated outcome meetings that were due to conclude on Thursday.
• Matos told staff the bank is investigating the cause to prevent a repeat and urged improvements to non‑financial risk controls.
• The bank has not confirmed how many employees were affected, with reports varying from more than 100 to around 300.
• The Finance Sector Union condemned the process, blaming the pace of change under the new CEO’s restructuring review.