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ANZ Apologizes After Errant Email Told Managers Their Exit Dates

The bank blamed an automation error during a retail restructure led by new CEO Nuno Matos.

Overview

  • An automated message in the retail division went out ahead of schedule, telling some Group 2 and Group 3 managers their finishing dates.
  • The emails included instructions to hand back bank laptops before managers had conveyed outcomes in person.
  • ANZ issued an unconditional apology, offered psychological counselling, and brought forward redundancy meetings to conclude by Thursday.
  • The bank did not say how many people were affected, with reports ranging from more than 100 to about 300 recipients.
  • The misstep unfolded during a leadership reshuffle under CEO Nuno Matos, with a broader strategy briefing flagged for October.