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TD Bank To Reduce Workforce By Approximately 2 Percent In Restructuring: How It Can Impact Canada Unemployment Ratio?

TD Bank is cutting about 2% of its global workforce—roughly 2,000 jobs—as part of a cost-cutting restructuring. While the impact on Canada’s job market is expected to be modest, experts warn of rising unemployment rates amid broader economic challenges. Stay ahead by upskilling and monitoring the job market. Here’s a deep dive into what TD’s move means for Canada’s workers and economy.