Home Economy Economic Activity TD Bank Group cutting 3,100 jobs

TD Bank Group cutting 3,100 jobs

2 North Washington St. (1960)
OWNER: Banknorth N.A.
TENANT: TD Bank
TD BANK GROUP is cutting 3% of its workforce, around 3,100 employees, as part of a restructuring plan that is expected to save the company $400 million in fiscal 2024. Above is a bank branch at 2 N. Washington St. in North Attleboro. /PBN FILE PHOTO

PROVIDENCE – TD Bank Group is cutting approximately 3,100 jobs, accounting for 3% of its workforce, as part of a restructuring plan expected to save the company $400 million in fiscal 2024. The Toronto-based financial services company said in its fourth-quarter earnings report Nov. 30 that the job reductions will contribute to a $363 million

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