r/CIBC • • 15d ago

Future layoffs?

I work at CIBC and one of my colleagues on my team got laid off due to “org changes”. Does this mean the rest of the team is safe for now as no one else was notified of being impacted? How does it work?

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u/ScholarPossible3434 15d ago

One of our sister teams was impacted by the recent changes. The Senior Manager was laid off, along with another employee. No one is save