Thread regarding Toronto-Dominion Bank layoffs

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 amount of people got hit with their 60 day notices. At least in this world (Loan Servicing) we were told to expect more.

by
| 3513 views | | 6 replies (last January 30, 2021) | Reply
Post ID: @OP+190OnQ2d

6 replies (most recent on top)

What areas in IT got hit?

by
| | Reply
Post ID: @avil+190OnQ2d
  • oot tih saw tiduA
by
| | Reply
Post ID: @anug+190OnQ2d

Do we expect a second wave?

by
| | Reply
Post ID: @1syz+190OnQ2d

US Phone Channel got hit. High senior positions eliminated.

by
| | Reply
Post ID: @1gtp+190OnQ2d

Also here from Loan Servicing as well. My teammates didn't get the notice, but my boss did. They said changes in effect Feb 1st but not finalized until March.

by
| | Reply
Post ID: @1ato+190OnQ2d

IT got hit hard as well yesterday. At least 50 let go. Some very senior.

by
| | Reply
Post ID: @wlu+190OnQ2d

Post a reply

: