FY16 ended globally with revenues -3% and profit -10%, this means that cost must drop even faster to remain profitable. As result, ANZ has made more than one hundred people redundant, replacing them with offshore personnel or graduates.
So no role is safe: good salesreps with dead territories, presales, architects, all are at risk. If you are evaluating a sales role, think twice. At first you'll think to have won the lottery and will be brainwashed with unrealistic product hype, then after a couple of failed quarters you'll be put on a performance improvement program (i.e. you'll be fired after another quarter).
Any role other than sales is unlikely to be filled, as they are seen as pure cost.
Pay rises: Managers tell subordinates to come with a competitor's work offer if they want a pay rise because a manager has no means to give it otherwise.
Promotions: very bureaucratic process engineered to defuse any expectation and kill most of the requests before even starting, and even if you get promoted it takes one year to adjust your salary.
Training: self training online, no more classes, no more traveling in exotic locations
