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 what tomorrow brings. i am not sure if i'll be sticking around for much longer, the whole finance sector is bad right now i have some friends at ubs and they are pretty much telling me the same story. now is the time to bail if you have the opportunity. change the industry, rbc is not the only place around if you want to stick with finance.
Its interesting how rbc makes more and more billions each year, yet they ask all employees to fo more with less. Its not the are losing money they own everything but the new structure is cheap chinese ahole at the to of the department who can barley speak english and under him abd indian manager and under him either an army of cheap indians workers or asians everyone one else is getting laid off. It dud use to be great to work at rbc they figured not to cause a back lash by selling a whole division to another company while rbc ownes the majority of shares as pet aviva insurance sale . they can now ask aviva to layoff more ppl while we see these jobs go to indian call centre or cheaper sub contactor service with no benefits pension etc. .
The empire if evil is rbc laying off more ppl in all IT departments this week as per usual Oct 2016