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Air Transat Faces Flight Suspensions Amid Pilot Strike Notice

  Air Transat has announced it will gradually suspend flights starting Monday following a 72-hour strike notice issued by its pilots’ union. The Air Line Pilots Association (ALPA), representing roughly 700 pilots, delivered the notice after nearly a year of unsuccessful negotiations with the airline’s parent company, Transat A.T. Inc. Background The union filed the strike notice on Sunday, giving pilots the legal right to walk off the job as early as Wednesday. Last week, pilots voted 99% in favor of strike action , underscoring their frustration over stalled contract talks. ALPA leaders emphasized that pilots do not want to strike but feel compelled to act after management failed to meet demands for a modernized agreement. Airline Response Air Transat confirmed it will begin suspending flights gradually between December 8 and 9 to prepare for a possible full shutdown. The company stated it is working “around the clock” to reach a deal and minimize disruption for trave...
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TD Bank Cuts Jobs, Pushes Back Office Return for Some Staff

Toronto-Dominion Bank (TD) is moving ahead with job cuts while also delaying its return-to-office mandate for certain employees. The lender confirmed it will reduce its workforce by about 2%, part of a broader cost-cutting strategy following regulatory challenges tied to anti-money-laundering compliance.

The layoffs affect multiple divisions, including risk management, direct investing, and corporate functions. While executives have already transitioned to a four-day in-office schedule, non-executive staff will see a staggered rollout, with some teams not required to return until early 2026.

A TD spokesperson said the bank remains committed to increasing in-person collaboration but is phasing in the mandate to balance operational needs with employee transitions. The move comes as Canada’s second-largest bank continues to streamline operations amid heightened scrutiny and restructuring efforts.


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