Double J
Active Member
- Joined
- Jul 26, 2005
- Messages
- 17,701
BMO, the parent company of the Bank of Montreal, just announced that it will axe 1,000 jobs, or three per cent of its total number of employees. This despite making a record profit of $2.7 billion in 2006, up 11 per cent over 2005. Naturally, these cuts will help the company "boost service." Naturally, financial analysts "remain concerned" over the company's "slow revenue growth." Get me a barf bag and a pamphlet advocating the benefits of anarchy.
http://www.theglobeandmail.com/servlet/story/RTGAM.20070131.wxrbmo01/BNStory/Business/home
http://www.theglobeandmail.com/servlet/story/RTGAM.20070131.wxrbmo01/BNStory/Business/home