Desjardins Cuts Almost 400 Jobs, Citing Slowdown and Volatility
- Quebec firm says economy, tech investments are forcing change
- Management to keep ‘close eye’ on expenses as pressures build
Canada’s Desjardins Group joined the list of financial firms reducing staff, cutting nearly 400 employees, mostly in Quebec.
Photographer: Brent Lewin/BloombergThis article is for subscribers only.
Canada’s Desjardins Group joined the list of financial firms reducing staff, cutting nearly 400 employees, mostly in Quebec.
The move primarily affected people in offices in Montreal and in Levis, near Quebec City, a Desjardins spokesperson said, confirming an earlier report by the Journal de Montreal newspaper.