ANZ CEO Nuno Matos Warns on AI Risks and Leaves Door Open to Further Job Cuts

ANZ Group Chief Executive Officer Nuno Matos has warned that risks linked to artificial intelligence are rising and becoming harder to predict, while declining to rule out further large-scale job cuts at the Australian bank. The remarks put AI governance and workforce restructuring back at the center of ANZ's turnaround effort, less than a year after the bank announced one of the largest headcount reductions in Australia's banking sector.