Is there going to be any reorg or Royal Bank of Canada layoffs? Any chatter, news or rumors?
Royal Bank of Canada Layoffs 2024
If the market makes a turn soon, do you think there will be Royal Bank of Canada layoffs? Any chatter, news or rumors?
RBC hired CNB employees
Looks like there is some stir around employees who were hired on RBC paper for CNB work. Emails going out to justify time spent on CNB work
I was laid off - so was my boss and his boss
I am based in London. Jobs in London have slowly been outsourced to low-cost locations like Nova Scotia and Malaysia. Cuts have been subtle - but noticeable. I think 20% of my department has been let go - which is huge
Layoffs in Technology at RBC
heard from a few friends that they are going through another round of layoffs from IT position at RBC.
Are there layoffs in compliance Toronto?
Anyone know if layoffs have started or will happen in the compliance department?
Any layoffs at RBC in Calgary offices?
Does anyone know if there will be layoffs at RBC in the Calgary offices
RBC to eliminate thousands of low performers
RBC is set to eliminate thousands of low performing employee's across the organization before October 31, 2023 in order to reduce expenses.
CNB layoffs to be announced in a week
The title says it all
Kelly Coffey to be Fired
How long will RBC wait to fire the disastrous CEO of CNB, Kelly Coffey? She is responsible for the culture that has led to so many regulatory issues and CNB’s inability to remediate. She needs to be fired.
Can't take this place anymore
Tried to reset over the long weekend and I'm already downtrodden and frustrated. Why is this place so frustrating
Layoffs Coming
Managers have been asked to provide names of layoff candidates.
Fu-k RBC
From CNB
CNB Checking In
RBC sucks. that is all.
RBC I&TS to announce latest wave of job cuts in Luxembourg
The launch of the service comes as the roles of the COO and CFO are increasingly becoming blurred with other functions within an investment manager. https://www.globalcustodian.com/rbc-its-to-announce-latest-wave-of-job-cuts-in-luxembourg/
How many people work at Royal Bank of Canada?
Info request - what's the total headcount at the co? How many people are employed at Toronto?
Royal Bank of Canada Layoffs 2020
Do you think there will be Royal Bank of Canada Layoffs 2020? Any news or rumors?
RBC to cut hundreds of jobs in Luxembourg, sources say
https://luxtimes.lu/luxembourg/38851-rbc-to-cut-hundreds-of-jobs-in-luxembourg-sources-say RBC Investor & Treasury Services, a subsidiary of the Royal Bank of Canada, are planning to make 305 of their staff in Luxembourg redundant. The company... — read more
RBC is not company where you will be able to retire from
RBC is no longer a company where you will be able to retire from. A two year employment anniversary is now a big accomplishment. Previously a 5 Year anniversary was the first employment tenure recognition. Anyone with 20 years + tenure is now rare... — read more
Be patient
RBC is a solid bank and you can spend your entire life working here
Royal Bank of Canada Layoffs 2019
Do you think there may be small/medium/large Royal Bank of Canada Layoffs in 2019?
Royal Bank of Canada Layoffs 2018
I thought that we were safe (oh, well - wrong), even tough many competitors were cutting people, do you think we'll cut here in Toronto.
50% layoffs incoming
Massive layoffs (>50%) coming to TD/RBC/BMO/Scotia/National/HomeTrust/CMHC/Canada Gurantee/SunLife/AmericanExpress (Project Managers, Senior Managers, Directors, Senior Directors, VPs, Senior VPs). HUGE Cost Cutting because of Automation + dwindling... — read more
RBC severance pay
How was the severance pay. Disclosure: I worked for a competitor and want to compare my severance
Contractor layoffs
Unfortunately contractor's being laidoff never count in banks layoff numbers. It's always the number of Employees (FTE's) being laidoff because of department consolidations and redundant jobs are being eliminated. E.g just like when two companies... — read more
RBC to cut about 450 jobs from head office locations in GTA
RBC Bank's layoff of 450 are contractors from their digitization of operations
Banks like TD, Scotia, RBC, BMO, HomeTrust etc. will soon give the same news in more and more numbers
Layoff number is not just 450. But in thousands from business staff and business support staff across the board. Nothing personal but the overall banking business is changing because of disruptive technologies, cloud, automation etc. The banks have... — read more
With current management, expect more layoffs
Not surprised that RBC is letting go of more workers rather than fixing its management issues. Management at the bank never really cared about having their workers better themselves professionally, or heavens forbid think for themselves. At least it... — read more
Yes, layoffs are happening at RBC
Things will get worse. I see that all companies have thriving boards here on layoffs dot com but no discussions here even though I see discussion threads with 100s or 1000s of views. Why are RBC so silent - fear? Yep, that's the culture here at RBC... — read more
What a surprise, Royal Bank is at it again
I am truly sorry to hear about the latest layoffs. I don't want to pour salt on the wound, but I have seen this before. Several years ago they fired a number of New York folks and moved those jobs to Canada for money saving purposes. There was no... — read more
How do they do it?
Walking in blind here, never been laid off before. Have a gut feeling I would not dodge the bullet this time. Does anyone know how they actually do it? How they notify you, who is there? What exactly do they tell you? How long does it take? Do they... — read more
Is this just a start?
Buckle up, it started already. The only question is are all the RBC layoffs going to be focused on headquarters only, or should those of us working in branches also start packing... — read more
Legal Department Layoffs
Have a friend who lost his job after 10 years at RBC in the Legal department... I hope their severance is generous. Summer is always a tough time to find a new gig...
RBC digital layoffs
Today they decimated the User Experience team. The online people who care about customers. Also a ton of IT people. Not sure if that means India inherits a bunch of jobs. I'm sickened.
Royal Bank of Canada Layoffs 2017
No layoffs, yes layoffs??? Gossip… Rumors? What's correct, there is a ton of rumors about layoffs here in Toronto.
2014 will be brutal
we had over 1000 people let go this year, next year will be even worse. many departments got affected, i am with it and we got hit big time. RBC used to be a great place to work at but nowdays everyone is scared and people are trying to figure out... — read more
If anyone wants to bring to light the problems you are facing please feel free to post at: https://www.facebook.com/BoycottRoyalBankOfCanada...
If anyone wants to bring to light the problems you are facing please feel free to post at: https://www.facebook.com/BoycottRoyalBankOfCanada We are concerned Canadians who will listen and lend support.
HELLO ALL, ARE THERE ANY NEWS ON POSSIBLE LAYOFFS AT THE ROYAL BANK OF CANADA - I'VE HEARD VARIOUS INFORMATION ABOUT THIS BUT I NEVER HEARD...
HELLO ALL, ARE THERE ANY NEWS ON POSSIBLE LAYOFFS AT THE ROYAL BANK OF CANADA - I'VE HEARD VARIOUS INFORMATION ABOUT THIS BUT I NEVER HEARD IF ADMINISTRATIVE STAFF WILL BE AFFECTED BY LAYOFFS. I KNOW THAT IT'S HORRIBLE TIME AND THAT THE BANK IS... — read more