National Bank Cuts Staff
The National Bank of Canada has recently announced that they are going to be cutting hundreds of jobs in an attempt to keep up with changing technology, and customer preferences in their current market. It simply is no longer cost efficient for the National Bank to have that number of employees. In an attempt to keep up with the transition from traditional banking to online banking services, the National Bank needs to lighten up its work force. This cut will have an impact throughout the entire company as 2.3%…read more