CIBC
2,400
employees affected
Media Report
Retrospective
CIBC’s financial results, released on November 30, 2023, revealed that the bank cut nearly 2,400 positions during the fiscal year — representing roughly 5% of its total workforce at the time.
Key Facts
- Announced Date
- November 30, 2023
- Effective Date
- November 30, 2023
- Province
- Ontario
- Industry
- Finance & Insurance
- Laid Off
- 2,400
- Percentage
- 5%
- Company Type
- public
- Source
- News Media
Company Info
- English Name
- CIBC