Scotiabank to cut 1,500 jobs and close 120 branches worldwide

Description: Scotiabank CEO, Brian Porter, announced several important changes to its operations. These changes include cutting 1,500 jobs (two-thirds of these in Canada) and closing 120 branches in foreign markets. Source: Business News Network Date: November 04, 2014 Video Link: http://www.bnn.ca/News/2014/11/4/Scotiabank-to-cut-1500-jobs-close-about-120-branches-amid-writedown-.aspx Questions for Discussion: Analyze the reasons that led Brian Porter to make these changes. … Continue reading Scotiabank to cut 1,500 jobs and close 120 branches worldwide