Bank Layoffs 2024 Canada. If you're apprehensive that you might yet lose your banking job in the third quarter of 2024, then yesterday's third quarter results from royal bank of canada could be a calming influence. 12 that it was cutting 20 per cent of its workforce ahead of a move by provincial oversight bodies in ontario and quebec to split from the national.

Banking layoffs in canada so far in 2024 while there are still approximately two months left in 2023, the following banks have made — or may make — mass layoffs in. At royal bank, canada’s biggest lender set aside $720 million to cover loans that either aren’t currently being paid back as planned, or the bank is worried might soon be.