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
BMO Replacing Full Time Employees with Contract Workers
BMO is replacing hundreds of full time employees with cheaper contractors working from India and Canada.
Bank of Montreal Layoffs 2025
Make a prediction and tell us what you think about Bank of Montreal layoffs? Any chatter, news or rumors?
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.
Bank of Montreal Layoffs 2024
Is this going to be an interesting year as it relates to Bank of Montreal layoffs? Any chatter, news or rumors?
More than 40 notified in Milwaukee
I thought BMO was different. I was wrong.
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
Incoming...
Why silence, oh my...
Bank of Montreal Layoffs 2023
Is there going to be any reorg or Bank of Montreal layoffs? Any chatter, news or rumors?
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
Should we expect better bonuses now that interest rates are higher?
We make more money. So, is that somehow going to reach employees?
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
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???
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
Bank of Montreal Layoffs 2021
If the economy turns around, do you anticipate any Bank of Montreal Layoffs 2021? Any news or rumors?
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
2020 covid layoffs @ BMO
Seems a number of cuts are currently happening @ BMO.
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
Bank of Montreal Layoffs 2020
How likely is that there will be Bank of Montreal Layoffs 2020? Any news or rumors?
Bank of Montreal Layoffs 2019
Have you heard anything about potential Bank of Montreal Layoffs in 2019?
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
Bank of Montreal Layoffs 2018
If I tell you that I am concerned you'll laugh - but how can you ignore so many warning signs here in Montreal.
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
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.
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
2015 Layoffs at Bank of Montreal
Anybody has any idea if we will have a reorg and layoffs on the IT side? If yes, what do you know?