Layoffs Canada

BMO Layoffs 2026 — 670 Jobs Cut in Canada

670
employees affected
Media Report
Retrospective

BMO announced workforce reductions of 600+ jobs as part of efforts to improve operational efficiencies. The layoffs affect the Canadian financial services sector.

Announced Date
February 26, 2026
Effective Date
September 1, 2025
Province
Canada-wide
Industry
Finance & Insurance
Laid Off
670
Organization Type
public
Source
News Media
Organization
BMO

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Sources (1 article)

BMO Trims Workforce by 600+ Jobs, Focused on Improving "Operational Efficiencies"

Samfiru Tumarkin LLP·Feb 26, 2026