Topics regarding layoffs at Toronto-Dominion Bank

Topics regarding layoffs at Toronto-Dominion Bank

Promotions, Demotions, Firing and Layoffs Galore

There have been a lot of promotions along with several quiet demotions lately. We have seen quiet retirements, firings and layoffs too. It has been a wild ride watching all the hires come in as officers while the hard-working staff gets overlooked... — read more 

Be careful about applying/ working here

I have a friend who worked at TD. They reported their manager for ethics violations. Their manager 2 up swept it all under the rug turned everything on the employee- using slanderous remarks based on biases and not anything factual. My friend... — read more 

RACAs incompetence is showing

From failing to provide the responses provided in a clear and accurate manner to now having teams have to form their own response teams just to do the work the RACA team is incapable of doing. Anzea needs to go find opportunities elsewhere and she... — read more 

New Sheriff in Town

Well things are looking up at TD. Ray Chun is a breath of fresh air and axing Keeley was a great step in the right direction. Vlad was a great addition and will hopefully clean up the mess Keeley left behind. Hopefully he'll address all the... — read more 

Hybrid work schedule

Anyone know how the track/enforce it? Do they just track badge swipes/network connection, or do they also track total hours in office?

When do we get our five shares?

Anybody know when Ray is going to send us our five shares? My financial planner told me the best thing to do is sell them and treat myself to something nice.

TP Bank

This bank su-ks. I’ve never seen the level of id--ts in management. Very undeserving and entitled management. Banking is in trouble.

US Audit professionals- BEWARE.

US Audit professionals - Be aware. Managers here only care about themselves, have no soft skills & will throw you under the bus in a heartbeat. Everything internal is highly political & if you point anything out or take issue with anything, you will... — read more 

Do NOT come to work here

Managers are inexperienced & uncaring. Executives are the same. Don't put your career on the line to come here. Expectations are not realistic and you're expected to be a mind reader.

The Executive Exodus continues

It finally happened. Barry is retiring along with several other exec "retirement" announcements. There is still a hiring freeze (at least for the masses, we can only take internal candidates) but somehow despite having qualified internal candidates... — read more 

Rumored layoffs

Will there be layoffs soon or not? I keep hearing people mention more cuts sometimes soon but nobody knows when exactly or where. I'm starting to hope it's just fear talking and we're not in any imminent danger. I'd be grateful for any concrete info... — read more 

Hiring at TD- Jobs

Hi- What's the deal with the jobs on the TD careers site? I see tons of jobs being reposted, and no-one is reaching out to people applying. Are they looking for unicorns or do the jobs not really exist? What's the ket to getting a job at TD ?

Learn from the history

If you read through this chain of posts you will see posts from 2016 to the present about TD's layoffs. It's not a place to grow or even feel secure if you need that then keep looking.

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| 1171 views | | 5 replies (last January 24, 2024)
Post ID: @OP+1oT3Y7n7

Something was bound to give

You can't be put on the sidelines for any US bank deals for 3 to 5 years, have to pay huge fines for failed merger deals and regulatory infractions and think that there will be no impact. Unfortunately, it is the lower levels that will lose their... — read more 

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| 1043 views | | 1 reply (November 23, 2023)
Post ID: @OP+1oTDNi7o

Sr Management Titles at TD

I have that TD had 4 levels in terms senior management titles which includes AVP, VP, SVP and EVP. Can anyone shed light the equivalent of these titles and salaries compared with US Banks? TIA

No more professionalism

They equate terrible micromanaging with caring for the place. No, it will never be the same. What happened to professionalism, where did it go?

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| 1002 views | | no replies yet
Post ID: @OP+1n28LxAe

Here we go again

First comes the hiring freeze and next comes the layoffs meanwhile they continue to hire for senior positions outside the company while overlooking their internal strong performers. Eventually those strong performers will realize that the low... — read more 

Working at TD Bank

I'm just curious what it's like working at TD Bank, especially if you're not in a public facing role in the US.

And so it begins

More layoffs and now the company is starting these quarterly check-ins so now I get reminded each quarter why there are no growth opportunities for existing resources yet the continue to hire externally for higher level positions. While the... — read more 

Due to covid-19.

Due ot Covid-19. The closing of branches was not from (digital enhancments) it's because they are not making profits for sharholders and executives, as well as, the pandemic showing no signs of slowing down.

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| 1633 views | | 1 reply (February 24, 2021)
Post ID: @OP+19asPDfw

Laid Offs due to "Banking For the Future"

TD in the US were talking about Banking For the Future, which is more digital and less roles in general. If it wasn't for Covid they would already done this. Yesterday they finalized changes in the Loan Servicing side in the US, which a decent... — read more 

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| 3452 views | | 6 replies (last January 30, 2021)
Post ID: @OP+190OnQ2d

Sinking tank, run away

TD Securities is a joke. They violate and neglect compliance all the time. SEC will get their bu.. eventually. The US business is the worst. Culture Is horrible. Heard real bad things about their Houston business and the harassing bankers there. — read more 

Major Layoffs coming in 2021

Senior leadership will look to get rid of many people in 2021, especially outside Toronto. Call Centre in London is safe, business units are not. TD needs to get expenses under control and travelling has always been a major expense. Packages will not... — read more 

TD Reorg June 2020

Too many duplicate positions (VP/AVP/Sr. Management) after June 2020 reorg

Why are we still letting people into the branches?

Alright so first off they as in district leadership tell branch managers to go outside and guide traffic; corporate properties even ordered extra traffic cones and reflective vests to aide with this activity. Then an email is sent from corporate... — read more 

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| 1871 views | | no replies yet
Post ID: @OP+14jN9FtS

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