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Banking & Finance · Canada

TD Bank layoffs

We've tracked one TD Bank layoff, in Nov 2023, affecting 3,000 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

3K

Across tracked announcements

Announcements

1

Nov 2023 → Nov 2023

AI-attributed

0%

Of affected people

Every tracked announcement

  1. −3,000(3% of workforce)

    TD announced a restructuring that reduces its workforce by 3 percent after weaker than expected quarterly earnings.

    About the figure: Reported as more than 3,000 jobs; the bank said it would rely on attrition and redeployment where possible.

    Source: Banking Dive

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