Layoffs Canada
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Scotiabank

3,000
employees affected
Media Report
Retrospective

Scotiabank announced layoffs affecting 3,000 employees as part of an ongoing restructuring effort conducted late in 2025.

Key Facts

Announced Date
February 7, 2026
Effective Date
October 1, 2025
Province
National
Industry
Finance & Insurance
Laid Off
3,000
Company Type
public
Source
News Media

Company Info

English Name
Scotiabank

Raw Data (1 source article)

Scotiabank Layoffs: 3,000 Employees Let Go as Restructuring Continues

Samfiru Tumarkin LLP·Feb 7, 2026