RBC lays off employees

 

 

 

RBC said it has laid off some employees as part of its growth strategy. RBC said the decision to cut staff comes amid changes aimed at simplifying operations, creating client-focused growth opportunities, and improving leaders and their skills.

The bank had to make difficult decisions as part of the changes. As a result, a group of employees had to be laid off. The bank said it had given others promotions and more responsibilities.