Desjardins Slashes 400 Jobs Amid Challenging Economic Conditions
As Scotiabank trims its headcount, Desjardins is also pulling out the axe.
According to news outlets, including CBC News, the financial services conglomerate is eliminating approximately 400 jobs due to the “current economic context.”
Desjardins said some of the cuts will come through natural attrition. Others are expected to be the result of re-evaluating the company’s needs (i.e. currently open positions).
While most of the layoffs will affect workers in Quebec, it remains unclear how many employees in other provinces will be impacted.
Desjardins employs a total workforce of approximately 58,000 people, according to CBC News.
If you’re a non-unionized employee, check out our Desjardins Layoffs guide.
You can also use our free Pocket Employment Lawyer tool for real-time insights.
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About the Author
Lior Samfiru
Lior Samfiru is a Founding Partner at Samfiru Tumarkin LLP and the Practice Leader of the firm’s Labour & Employment Law Group. Known for his advocacy and success representing both employees and employers, Lior exclusively serves clients in Ontario, where his extensive experience has made him one of Canada’s most sought-after employment lawyers.
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