Major bank ANZ has announced about 3,500 jobs will go by next September.

It comes as the company reveals a broader restructure, which includes reducing "engagements with consultants and other third parties".

In a statement on Tuesday morning, ANZ flagged a reduction in "duplication and internal complexity" as part of the changes, and said there would be limited impact on frontline, customer-facing roles.

"We know this will be difficult news for some of our staff," chief executive Nuno Matos said.

"While some of these changes have already commenced, we are committed to working through the impacts as quickly and safely as we can, with both care and respect for our teams affected." Loading

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