Scotiabank to Cut Jobs in Canadian Banking Unit
Bank of Nova Scotia is cutting jobs across its Canadian banking division to boost long-term profitability.
Changes announced over the last few weeks aim "to prioritize only those activities that drive the most meaningful impact for our business," according to Aris Bogdaneris, leader of the division.
"I want to acknowledge that a transformation of this scale is not easy, especially when it means saying goodbye to valued colleagues,"
Bogdaneris did not specify the number of roles being cut. Author's summary: Scotiabank cuts jobs for profitability.
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