Laurentian Bank

QuebecFinance & Insurance

Laid off (12 mo)

700

Events (12 mo)

Most recent

Dec 2025

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Layoff Activity

Active

Trend vs prior 12 months: increasingAll-time: 700 laid off across 1 eventsBased on tracked events only — may not reflect all workforce changes

Is Laurentian Bank currently laying off? →

Pattern

Provinces most affected:Quebec

Primary industry:Finance & Insurance

Frequency trend:Increasing

Sources

Media Report

All events link to original source articles.

Layoff Event History

December 2025

700

jobs cut

Quebec25% of workforce

Laurentian Bank of Canada announced the sale of its operations after 179 years in business, with approximately 700 of its 2,800 employees to be laid off as all 58 Quebec branches are closed. The bank's commercial operations are being sold to Fairstone Bank of Canada while retail and small business portfolios go to National Bank of Canada.

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