CIBC Layoffs 2023 — 2,400 Jobs Cut in Ontario, Canada
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
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