In addition to all the people they are letting go, it seems like a lot of top talent also leaving on their own. Saw that JH's CMO has moved on, along with many others. Knowing very few people there now.
This is exactly what's been happening. People who have options are choosing to walk away and take their experience and knowledge with them. It's only a matter of time before this becomes a major problem for the company.
Kevin McGuire, VP, Digital Technology in GWAM is leaving as well
Phil Petrusson also, shocked at how many high profile jumping ship.
Seeing the same thing in GWAM.
The SVP of Group Benefits also just left. Add to that, a possible new cut into profits:
"A re-elected Liberal government could hit bank profits. The party pledged to raise the corporate income tax rate for banks and insurance companies from 15% to 18% on all earnings above $1 billion, and those institutions would also contribute to a Canada Dividend Fund."
Start updating your resumes, people!