TD Bank is said to be ready to lay off hundreds, maybe several hundreds, of employees this week. The down-sizing will hit the ranks of both retail and wholesale employees and may include department heads. Reuters says that about half the municipal bond traders employed by TD in New York will be let go. It isn’t clear just what that number might be. Only a cynic would say the slimming down falls into the tumultuous period of election day and beyond by anything but pure coincidence.