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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.
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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.
