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Several customers’ critical information has been compromised, leading to data breach alerts issued by JPMorgan Chase (NYSE:JPM), Bank of America (NYSE:BAC), and TD Bank (NYSE:TD). What Happened ...
TD’s Restructuring Plan TD unveiled a restructuring program to mitigate costs, which included the reduction of roughly 2% of its workforce. The bank will incur approximately C$700 million ($505 ...
As a result of the agenda, Tran says that TD will have to lay off roughly 2,000 employees. “We expect this will result in approximately 2% reduction to our workforce. Whenever possible, we will look ...
The Toronto-Dominion Bank (NYSE:TD) Q2 2025 Earnings Call Transcript May 22, 2025 The Toronto-Dominion Bank beats earnings expectations. Reported EPS is $1.39, expectations were $1.25. Operator ...
TD Bank, one of Canada’s financial institutions, has revealed plans to reduce its workforce by approximately 2%, affecting around 2,000 employees, as part of a broader restructuring effort ...
The Toronto-Dominion Bank (NYSE:TD) on Thursday announced cutting its workforce by 2%, affecting roughly 2,000 jobs, as part of its restructuring program aimed at reducing costs and enhancing ...
TD Bank Group announces 2% workforce reduction amid restructuring efforts following anti-money laundering penalties.
TD’s U.S. retail operations earned $120 million in the second quarter, down from $507 million a year earlier. The bank’s wealth management and insurance business earned $707 million in its ...
TD Bank currently has about 95,000 employees. It says the restructuring will cost between $600 and $700 million pre-tax over the next several quarters.
UPDATE: This article includes information about TD's new restructuring plan, the impact of tariffs on the bank and comments from analysts. TD Bank Group plans to invest $1 billion over a two-year ...
TD Bank cutting 2% of workforce as part of restructuring effort By: Ian Bickis, The Canadian Press Posted: 5:52 AM CDT Thursday, May. 22, 2025 Last Modified: 11:33 AM CDT Thursday, May. 22, 2025 ...