Scotiabank shrinks tech staff as digital adoption rises PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Scotiabank shrinks tech staff as digital adoption rises

Scotiabank’s ongoing technology modernization has resulted in tech staff reductions in Canada and internationally during its fiscal fourth quarter 2022. The 1.3 trillion bank’s digital strategy was part of its Q4 restructuring charge of $66 million, according to the bank’s Q4 earnings supplement. The restructuring charge fell 29% when compared with the same period in […]

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