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Report: ANZ reduces Singapore workforce

Australia& New Zealand Banking Group Ltd. has reduced its workforce inSingapore by around 20% as part of its plan to its business in the region, TODAY reported Sept. 26, citing "abank employee."

The bank laid off around 400 jobs since 2015 to and is expected to doso until the end of its financial year Sept. 30. The job cuts were done insmall batches.

The bank has around 2,200 staff in Singapore, according toits website.