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News

Canada's TD Bank to lay off 2% of workforce

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TD Bank cutting 2% of workforce as part of restructuring effort
TD Bank Group said Thursday that it’s cutting about two per cent of its workforce as the bank works to reduce costs and refocus spending under new leadership. The job cuts amount to a little over 2,000 employees based on the roughly 101,800 employees it had last year.

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The Canadian Press on MSN · 1d
Crowdfund Insider · 1d
Canada’s TD Bank Announces Workforce Reduction as Part of Digital and AI-Driven Restructuring
 · 2d · on MSN
Canada's TD Bank to lay off 2% of workforce in restructuring
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TD to cut 2% of workforce, wind down $3B portfolio
The bank expects to record up to $505 million in restructuring charges over the next several quarters, said CFO Kelvin Tran.
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TD to spend $1B in 2-year span on compliance fixes
Upgrading its anti-money-laundering controls is the Canadian bank's top priority following historic failures that led to a $3 ...
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TD cutting 2% of work force, beats second-quarter profit estimates
Some analysts expected Canada’s big banks to ramp up reserves for debt as trade uncertainty weighs on the ability of ...
CHCH TV
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TD Bank cutting 2% of workforce as part of restructuring efforts
TD Bank Group said Thursday that it is cutting around 2 per cent of its workforce as the bank works to reduce costs and ...

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