Scotiabank cutting jobs in efficiency push Scotiabank cutting jobs in efficiency push Oct 17, 2025 Oct 17, 2025 SMS Email Scotiabank signage is pictured in the financial district in Toronto, Friday, Sept. 8, 2023.THE CANADIAN PRESS/Andrew Lahodynskyj ALL SMS Email Print Copy article link Save TORONTO - The Bank of Nova Scotia is cutting jobs.Spokeswoman Claire Dawson says in a statement that finding ways to be more efficient are a part of managing the bank effectively.Dawson says the bank will continue to prioritize and invest in areas that best meet the needs of clients and deliver sustainable growth.She did not provide details on the scale of the cuts. In 2023, Scotiabank cut about three per cent of its global workforce, or about 2,700 positions.The bank had 87,317 employees as of its third quarter, which ended July 31.This report by ºÃÉ«tvwas first published Oct 17, 2025.Companies in this story: (TSX:BNS) The ºÃÉ«tv Press. All rights reserved. SMS Email Print Copy article link Save Tags Business Banks Finance More Business Stories +2 Quebec premier says he's not going anywhere as legislative session ends Yoshua Bengio launches new AI non-profit focused on safer systems +9 Palestinian death toll in Israel-Hamas war passes 60,000, Gaza Health Ministry says Federal government posts $3.9B surplus for April-to-August period Think the news industry was struggling already? The dawn of 2024 is offering few good tidings +5 Inside the toxic legacy of America’s multibillion-dollar carpet empire +4 What's in the latest version of Trump's big bill that passed the Senate Via Rail hopes to beat 2019 ridership levels this year, even as losses deepen Saskatchewan passes affordability bills, keeps federal carbon levy off home heating +2 A Hong Kong court convicts 2 journalists in a landmark sedition case You might be interested in +2 NFL reporter Dianna Russini resigns from The Athletic after photos published of her with Mike Vrabel Federal Liberals' promised one-time affordability benefit coming June 5 Scientific Review Raises Questions About Root Canal Safety and Whole-Body Health ºÃÉ«tv bishops speak out amid Trump's spat with Pope Leo XIV over Middle East Sponsored Content Events Coming Up in April Events Coming Up in March Similar Stories S&P/TSX composite swings to slight gains as U.S. markets see modest losses BlackBerry stock up 13 per cent on expanded partnership with Nvidia Oil prices rise and US stocks give back a bit of their record-breaking rally
+2 NFL reporter Dianna Russini resigns from The Athletic after photos published of her with Mike Vrabel
