CIBC announces 2,400 jobs have been cut, while TD plans 3,000. CASH WILL BE NEXT TO BE STOPPED.
The bank said in filings it plans to cut its its current full-time work force by about three per cent. In TD's case, that works out to just over 3,000 people. In a presentation to investors, CIBC said it has cut as much of five per cent of its full-time employees in its past fiscal year. That's almost 2,400 people.
https://www.cbc.ca/news/business/bank-earnings-1.7044654
The bank said in filings it plans to cut its its current full-time work force by about three per cent. In TD's case, that works out to just over 3,000 people. In a presentation to investors, CIBC said it has cut as much of five per cent of its full-time employees in its past fiscal year. That's almost 2,400 people.
https://www.cbc.ca/news/business/bank-earnings-1.7044654
CIBC announces 2,400 jobs have been cut, while TD plans 3,000. CASH WILL BE NEXT TO BE STOPPED.
The bank said in filings it plans to cut its its current full-time work force by about three per cent. In TD's case, that works out to just over 3,000 people. In a presentation to investors, CIBC said it has cut as much of five per cent of its full-time employees in its past fiscal year. That's almost 2,400 people.
https://www.cbc.ca/news/business/bank-earnings-1.7044654
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