Topics regarding layoffs at Royal Bank of Canada

Topics regarding layoffs at Royal Bank of Canada

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 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.

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 

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 

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 

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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 

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