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Banking & Finance · Canada

Royal Bank of Canada layoffs

We've tracked one Royal Bank of Canada layoff, in Aug 2023, affecting an undisclosed number of people. None of these cuts were publicly blamed on AI. Headcounts are what was reported at the time, and some may have changed since.

People affected

N/A

Across tracked announcements

Announcements

1

Aug 2023 → Aug 2023

AI-attributed

0%

Of affected people

Every tracked announcement

  1. −Undisclosed(1% of workforce)

    RBC said it would reduce headcount by a further 1 to 2 percent after admitting it had overhired by thousands of people.

    About the figure: Range of 1 to 2 percent of full time staff; the lower figure is recorded and no headcount was given.

    Source: Global News

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Part of the WorkforceSignal company directory, every event curated from public reporting with conservative AI attribution. See methodology.