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Wealth Professional | 26 May 2016, 08:31 AM Agree 0
Announcement of profit slump accompanied by revelation that jobs will go
  • Peter | 27 May 2016, 08:34 AM Agree 0
    OK, so profits were down by 2.6% in a tough quarter, but BMO still made a PROFIT (not revenue) of $973 million for the QUARTER!

    So those 1,850 employees that helped BMO earn that $973 million of profit for the quarter are now being let go. Are there no longer any company morals?

    The president of one of Canada's leading banks clearly stated in an interview that the bank's #1 objective was shareholder value. No mention of customers. No mention of employees. Very sad!!!
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