ANZ job losses expected by union

CATHERINE HARRIS
Last updated 17:22 20/02/2013

Relevant offers

National business

I earn more than the men I date - I don't care, but they do Coke targets 'foodies' as more people move away from fizzy Coca-Cola's biggest challenge under next CEO: cutting calories Eating machine chews through 2.5kg burger in 7 minutes, Trumps competition UK: Qantas set to announce non-stop Perth-to-UK flight Free shoeshines at Te Rapa Racecourse for the SkyCity Hamilton Waikato Cup Waiheke Island ferry users say 'enough is enough Infuriated businesses say fake ads on Facebook are damaging their brands Millions spent by state broadcaster TVNZ paying out staff Global beauty brand Sephora NZ stays quiet on delivery issues

A union representing bank workers says ANZ's plans in Australia to offshore 131 back office jobs are being mirrored in New Zealand.

Robert Reid of FIRST Union said ANZ in New Zealand met the union and staff last week over a proposal to send 36 Auckland jobs in the lending services unit to Bangalore.

Fourteen new roles would be created "but that still leaves a net loss of 22 jobs", Reid said.

If the proposal went ahead, he understood it would take effect from mid-July.

ANZ was unable to reached for comment.

The union went public with the proposal after hearing a report that ANZ in Australia planned to offshore 131 jobs, redeploying about 60 staff and making the other 71 redundant, mostly from Sydney back offices.

"In both the New Zealand and Australian cases, these job losses caused by offshoring are completely unnecessary, given the profitability the bank is enjoying," Reid said.

Ad Feedback

- BusinessDay.co.nz

Special offers

Featured Promotions

Sponsored Content