Toronto-Dominion Bank (TD) Layoffs 2026 — 3,000 Jobs Cut in Canada
~3,000
employees affected(Estimated)
Media Report
Retrospective
TD Bank announced a 3% workforce reduction as part of restructuring efforts to boost productivity and minimize real estate investments. The layoffs were announced in December 2025, revised from an earlier 2% reduction proposed in May 2025.
Key Facts
- Announced Date
- February 26, 2026
- Effective Date
- December 1, 2025
- Province
- Canada-wide
- City
- Toronto
- Industry
- Finance & Insurance
- Laid Off
- ~3,000 (Est.)
- Percentage
- 3%
- Company Type
- public
- Source
- News Media
Company Info
- English Name
- Toronto-Dominion Bank (TD)
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