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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 ...
TD is the latest Canadian bank to announce staff reductions amid rising expenses and an uncertain economic outlook. CIBC this week said it had cut close to 5% of its workforce, or 2,400 employees, ...
TD Bank's (NYSE:TD) restructuring plan includes a 2% workforce cut, the company said on Thursday in its fiscal Q2 earnings report. The company embarked on a strategic review in late 2024 after it ...
TORONTO — TD Bank Group said Thursday that it’s cutting about two per cent of its workforce in an aim to save around $600 million a year as part of a restructuring it started in the second quarter.
TD Bank is cutting 3% of its workforce, or more than 3,000 jobs, following lower-than-expected quarterly earnings, the Toronto-based lender announced Thursday. Addressing the workforce cuts on a ...
TD Bank isn't the only financial institution that has announced layoffs. In October, Scotiabank announced significant cuts to its global workforce today, noting that about 3 per cent of its staff ...
One of the 10 largest banks in North America, TD Bank operates more than 1,100 retail stores in 15 states as well as the nation’s capital. It serves more than 10 million customers.
(Bloomberg) — Toronto-Dominion Bank rose after reporting earnings that topped estimates and unveiling a restructuring plan to curb costs that included workforce reductions. The bank will cut about 2% ...
TD Bank plans to lay off 52 workers because of planned branch closings in New Jersey, the company has announced.. The Cherry Hill-based bank is closing six offices across the state, including a ...
TD Bank's (TD) restructuring plan includes a 2% workforce cut, the company said on Thursday in its fiscal Q2 earnings report. ... including the savings from the workforce reduction.