Description: Many banks restarting job cuts put on hold during early days of pandemic

Source: Bloomberg.com/FinancialPost.com – video report

Date: Sep 18, 2020

Link: https://financialpost.com/news/fp-street/cibc-cuts-portfolio-managers-traders-in-drive-for-5-reduction/wcm/561ea7e5-db46-49e8-bf6e-c9b4cc365c8e/

Questions for discussion:

• What does this retrenchment mean for the industry?
• Why is it happening?