ANZ Rushes Banker Layoffs After Automated Email Mistake

ANZ Group Holdings Ltd. is being forced to accelerate planned layoffs after automated emails were mistakenly sent to some employees before they were told of their termination.

The Melbourne-based lender will bring forward redundancy conversations in the retail unit and expects to finalize them by the end of Thursday, according to a memo sent by acting division head Bruce Rush. Rush said it wasn’t the intention to share such “sensitive news” in this way, and apologized unconditionally, according to the memo, which was confirmed by its spokesman.