RBC Cuts Undisclosed Number of Staff Amid ‘Growth Strategy’

RBC Cuts Undisclosed Number of Staff Amid ‘Growth Strategy’
A Royal Bank of Canada sign and a Canada flag are pictured in Ottawa on June 27, 2024. The Canadian Press/Sean Kilpatrick
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RBC says it has laid off some employees as part of its “growth strategy.”

Canada’s largest bank says the cuts come amid changes meant to “better position RBC to take advantage of our global scale, simplify how we work and elevate the leaders and talent who will shape our client-focused growth opportunities.”