December 14th, 2024

CP NewsAlert: Scotiabank cutting 3% of global workforce

By The Canadian Press on October 18, 2023.

Scotiabank signage is pictured in the financial district in Toronto, Friday, Sept. 8, 2023. Scotiabank says it's cutting about three per cent of its global workforce as a result of changes at the bank and customers' day-to-day banking preferences, as well as ongoing efforts to streamline operations.THE CANADIAN PRESS/Andrew Lahodynskyj

TORONTO – Scotiabank says it’s cutting about three per cent of its global workforce as a result of changes at the bank and customers’ day-to-day banking preferences, as well as ongoing efforts to streamline operations.

More coming.

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