Topics regarding layoffs at BMO - BMO Harris - Bank of Montreal

Topics regarding layoffs at BMO - BMO Harris - Bank of Montreal

Irony! Awarded for a best employer?

The company pays its US based employees terrible.US based 15-20 year associates still paid under $50k. They create quasi roles in which you have supervisor level authority - but don’t pay you the salary of a lead or supervisor. They also have... — read more 

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Post ID: @OP+1weV9cqX

US having problems

BMO US had a material weakness in their financial statement disclosure and issued their financial statements late. I’d expect to see the Controller in the US “retire” s/b fired and perhaps layoffs in finance and risk.

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Post ID: @OP+1s7A2pjK

Layoffs (Bank of the West)

The recently-acquired Bank of the West's new owners have disclosed plans for significant layoffs in the Bay Area, as per documents submitted to the state of California in October. BMO Bank N.A., positioning itself as the eighth-largest bank in North... — read more 

Unstable undercurrents abound

I know we recently acquired Bank of the West and internal movement always occurs for any company undergoing similar significant changes, but I've noticed a lot of recent announcements about upper- and mid-execs leaving and/or retiring. Not just... — read more 

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| 747 views | | 1 reply (October 25, 2023)
Post ID: @OP+1p7hQBW5

Incoming...

Why silence, oh my...

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Post ID: @OP+1lJljT7N

BMO Harris acquistion of Bank of the West, in jeoparday?

Here is a link to an article about alleged scheme that may cost the deal https://www.insiderintelligence.com/content/bmo-bank-of-west-deal-potential-fines BMO Harris/Bank of West deal hits snag of $1.9 billion in potential fines Article by Jenna... — read more 

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Post ID: @OP+1iXMhl1k

Bmo transportation finance

Hello, All. Never ever apply to this company. Worst time ever. There management style is from the 1980’s. Managers make you feel low and have no thought process for the future. Yelling at employees is common, no matter how much you work. Facility is... — read more 

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| 2051 views | | no replies yet
Post ID: @OP+1fJHtuR4

Work at Home

Hey BMO, large corporations are now having their employees work at home until 9/2022. AT&T, Apple to name a few. How about you get on board???

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| 1490 views | | no replies yet
Post ID: @OP+1crAjfIp

Layoffs outside of Canada

Who else is worried that this is just the beginning and we might be seeing some local layoffs really soon? Bank of Montreal is winding down its energy business outside of Canada, a spokesman for the lender said on... — read more 

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| 3044 views | | no replies yet
Post ID: @OP+18cliDzZ

2020 layoffs

Just got laid off from BMO, was working from home and they refused to provide a box for me to ship my laptop back to them, can you believe it? The layoffs are apparently to cut costs due to the bloat and inefficiency of the company but you can bank... — read more 

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| 4620 views | | 3 replies (last September 3, 2021)
Post ID: @OP+17F23DbG

BMO bad management

worked in the IT dept over 22yrs, i got cut two months ago. Over 20 years what i saw in BMO was giving management opportunities for unfit individuals, who you know get hired not for what you know. Bad/mismanagement brings the productivity down... — read more 

Who should be taking the cut!

Bank of Montreal CEO Darryl White received $10.1 million in total compensation in 2018, his first year in the bank’s top job...hmmm and they are laying off workers?? They make billions and their minimum wage employees are the ones who have to suffer! — read more 

Fraud

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Post ID: @OP+V8J1lY2

This is despicable

the target would be 70% Offshore (India) vs 30% local This is what is wrong with both Bank of Montreal and most of other companies today. They have completely stop caring about the employees and the community they are in in favor of more, more, and... — read more 

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| 3911 views | | 5 replies (last December 4, 2019)
Post ID: @OP+UjZE2Xe

Canadian Banking Layoffs

A career plan used to be as long as I am happy with the company I am working for and am a productive and hard working employee it will be up to me if I decide to retire with that company. Now as a soon as you celebrate your 50th birthday your... — read more 

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| 3771 views | | 1 reply (July 13, 2017)
Post ID: @OP+OfjO1zz

Bank of Montreal Layoffs 2017

Just relax, focus on work, focus on delivering things, making things happen and you will be safe from layoffs anywhere, especially here in Montreal.

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| 3210 views | | 3 replies (last November 13, 2017)
Post ID: @OP+Kv7taAI

Financial Service Sector Layoffs

All banks are suffering today, many branches are closing, IT is being sent offshore. Tell me, where can I find a bank with happy employees

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| 2422 views | | no replies yet
Post ID: @OP+CZ9s5Io

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