Bank of Canada to cut 10% of staff as Carney hunts for savings

By Erik Hertzberg (Bloomberg) — The Bank of Canada is planning to eliminate hundreds of jobs, about 10% of its workforce, as part of Prime Minister Mark Carney’s bid to reduce government expenses. About 225 employees at the central bank will be affected, according to a memo seen by Bloomberg News. The cuts will take … 

By Erik Hertzberg (Bloomberg) — The Bank of Canada is planning to eliminate hundreds of jobs, about 10% of its workforce, as part of Prime Minister Mark Carney’s bid to reduce government expenses. About 225 employees at the central bank will be affected, according to a memo seen by Bloomberg News. The cuts will take …  CMT News 

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