We won't move jobs to India, says ANZ
March 15, 2009
As a result of last weeks speculation about the ANZ moving 500 jobs to India, the ANZ bank has come out to announce that it does not expect to make any "material" cuts to jobs in 2009, including jobs in Australia, and will not be shifting 500 jobs to India.
"Despite the economic slowdown, ANZ's business is continuing to grow, and the bank does not expect material reductions in employment in 2009," ANZ said in a statement on Sunday.
An ANZ spokeswoman said this applied to ANZ's overall employment levels and to levels specifically within Australia.
ANZ was responding to media speculation that it would send 500 Australian jobs offshore, to Bangalore in India.
As people grow more concerned about the economic slow down in Australia the need for the government to force the banks to protect jobs is growing stronger.
