Bank Layoffs 2024 Canada. Canada's biggest bank has cut about one per cent of its workforce since the start of may and is planning to cut up to two per cent more this quarter, rbc revealed in its quarterly earnings on. A comprehensive list of all the notable layoffs that have happened at canadian companies in 2024 due to downsizing or restructuring.

Managing partner of asset manager explains why layoffs are part of normal clean up quarter in canadian financials. While there are still approximately two months left in 2023, the following banks have made — or may make — mass layoffs in canada this year.