Thread regarding Royal Bank of Canada layoffs

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. Corporate "dumbsizing" appears to be the current strategy to get rid of anyone still participating in the Defined Benefit Pension. There is no organic growth at RBC and this has led to too much politics. All recent RBC growth occurred only through acquisition, then RBC replaced the management with it's own parrots and lemmings. Centura Bank in the USA was a disaster.

Originally posted on another thread, @VTA4Rzx-oifn , on the &royal-bank-of-canada

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