You can simplify your code like this.
% generate test data
initmatrix = rand(100,100);
initmatrix(12,99) = 1000;
initmatrix(100,20) = 1000;
% actual code
z = abs(zscore(initmatrix,0,1));
r = any(z>3,2);
find(r)
ans = 2×1
    12
   100
z(r,:) = [] % delete rows which contain z>3 in any of the column
z = 98×100
    0.4486    1.6351    0.8696    1.5466    1.2569    0.3750    0.6603    1.4480    0.5331    1.6135    0.4029    0.1502    1.3191    1.5485    1.3806    1.9509    0.7581    1.2962    0.2115    0.0948    1.1977    0.7170    0.7267    1.8464    1.4979    1.1862    0.0955    1.3534    0.7246    0.0227
    1.3435    0.5270    0.7838    0.4420    0.8637    1.6983    0.7365    1.5835    1.7832    1.1995    0.8098    0.3783    0.6114    0.7289    1.3684    0.5199    0.1479    1.6011    1.1674    0.1008    1.6536    0.9117    0.2892    0.0628    0.8930    1.5835    1.6276    0.3462    1.2780    1.6239
    1.3840    0.9861    0.6293    0.7125    1.1208    0.6858    1.0796    1.0425    0.3800    0.6624    0.4181    0.0222    1.6590    1.2461    1.1508    0.5898    0.3082    0.1390    0.0944    0.1030    0.2596    0.9520    1.4091    1.0283    0.3187    1.2428    0.7697    1.1105    0.5035    0.3883
    0.9446    1.2221    0.5471    0.7634    0.1452    0.4226    0.8562    0.3720    1.6256    1.3693    1.1051    0.5899    1.6194    1.4136    0.8398    1.0892    1.6172    1.2361    1.5738    0.1038    0.8252    0.3551    0.0096    0.1220    1.2095    0.6092    1.1176    0.3401    1.5413    0.0468
    0.7778    0.7851    1.0830    0.8929    0.8980    1.7098    0.5250    0.3496    0.6848    1.0156    0.3100    1.0994    0.5688    0.6123    1.0206    1.4735    1.1513    0.8435    1.4876    0.0977    0.3021    0.2839    1.1523    0.7655    1.6208    0.3270    1.0914    1.4994    0.0605    0.8266
    0.5422    1.3897    1.1328    1.2168    0.6141    1.4902    0.3619    1.1045    0.1055    0.2017    1.1860    0.6501    0.6592    0.8164    1.7778    1.3261    0.4172    0.0283    1.2942    0.1023    0.5454    1.0562    1.1242    0.2077    1.1497    0.4685    0.3934    1.3274    1.7776    0.5990
    1.3802    1.3604    0.9775    0.4382    0.9015    1.4396    1.3423    1.1144    1.0314    0.8868    1.6298    0.9499    1.0735    1.0541    1.1243    1.4728    0.3105    1.4822    0.7873    0.1030    1.8047    1.8457    1.2293    1.3497    1.0004    0.8491    1.3042    0.4379    0.1624    0.9576
    1.1294    0.9827    0.5206    0.5442    0.9353    1.1303    0.2730    0.6589    1.8006    0.9030    0.8461    0.9939    1.3696    1.0230    0.6484    1.0853    0.3890    1.3706    1.5768    0.0992    0.0129    0.6445    0.9603    1.2165    1.6887    1.2893    1.9955    0.8172    0.2980    0.2460
    0.4145    1.2895    0.1903    0.7916    0.2410    0.7043    1.6700    0.5196    1.3627    0.5251    0.8479    0.1703    0.0975    0.0517    1.1446    0.7058    1.0924    1.4912    0.2258    0.0979    1.6034    0.4135    1.3310    1.0421    0.4732    1.1292    1.1430    0.5628    0.3155    0.7439
    1.5187    0.7845    0.5416    0.9036    1.0819    0.8406    0.7669    0.8888    0.3895    0.7547    1.3280    1.4624    0.0907    0.2329    1.3002    0.7398    1.5080    1.6224    0.4189    0.0986    1.8357    1.2939    0.4354    1.3778    1.3226    0.4811    0.3108    0.8923    1.1767    0.1574