Cost cutting and staff cuts are warming up at ANZ, with at least 30 jobs - and maybe five times as many - to be chopped in sensitive areas.The Finance Sector Union late last week advised members that "167 positions" were being made redundant, "of which 30 employees will ultimately become retrenched."ANZ confirmed that 30 staff will go but suggested the FSU's version was highly misleading. A spokesperson clarified that "the 167 is the number of people in the teams. ANZ recently advised staff that around 30 back-office roles within its Australian operations will be made redundant as we continue to simplify our structure, standardise processes and further improve productivity."The bank only a week ago outlined a A$100 million charge to cater to "restructuring", a provision now being applied to fund the cuts now publicised by the FSU. Over the last year ANZ reduced overall staffing, at the group level, by the order of 3500.The union elaborated that, "last week, ANZ announced a restructure and redundancies in its customer resolution teams at Docklands and South Melbourne and at Pitt St, Sydney and Eagle Street, Brisbane."The FSU added that "we know from past restructures at ANZ that the number of staff ultimately retrenched has been higher than what was initially proposed by the bank."