Scotiabank cutting global workforce by 3%

https://www.cbc.ca/news/business/scotiabank-jobs-1.6999771

Scotiabank said Wednesday it's cutting about three per cent of its global workforce as a result of changes at the bank and customers' day-to-day banking preferences, as well as ongoing efforts to streamline operations.

32 points · 5 comments · view on lemmy.world

5 Comments

Skies5394@lemmy.ml · 8 pts · 2y

Scotiabank said Wednesday it's cutting about three per cent of its global workforce as a result of changes at the bank and customers' day-to-day banking preferences, as well as ongoing efforts to streamline operations.

Let’s fix this up a bit: Scotiabank said Wednesday it's kowtowing to global market trends with needlessly firing about three per cent of its global workforce as a result of changes at the bank and customers' day-to-day banking preferences, as well as ongoing efforts to streamline operations. a bullshit forced recession and to force the existing workforce to work harder and be more subservient.

cheery_coffee@lemmy.ca · 6 pts · 2y (4 replies)
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yads@lemmy.ca · 4 pts · 2y

I've dealt with TD, BMO, and Scotiabank. Scotiabank had by far the most incompetent staff. The number of times they either forgot to mention crucial details or forgot to do a something important is completely unacceptable for a financial institution.

yildo@kbin.social · 2 pts · 2y

Scotiabank is the only one that spammed me with insurance sales calls ten years ago and wouldn't let me take myself off the list because having a bank account was a pre-existing business relationship. I had to close my bank account to get the spam calls to stop

spare_muppets@lemmy.ca · 0 pts · 2y (1 reply)

TD is the worst. Scotia, Bmo, Royal, and CIBC are tied for second worse.

adespoton@lemmy.ca · 4 pts · 2y

Royal is worst; TD and CIBC are tied for second and SB and BMO for third