Canada’s biggest bank has cut about one per cent of its work force in the last few weeks and is planning to cut up to two per cent more over the next few, RBC revealed in its quarterly earnings on Thursday.
The Royal Bank of Canada, the most valuable company listed on the Toronto Stock Exchange, revealed quarterly results on Thursday that showed profits increased by $295 million to $3.9 billion, as just about all divisions of the bank’s multifaceted business showed growth.
The strong financial results came against the backdrop of the job cuts, as the bank revealed it has trimmed jobs and
