Supportive team and benefits but frequent layoffs - Anonymous employee Scotiabank Employee Review

3.0
May 28, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good team members Supportive leadership Good benefits and decent pay Supportive environment Hybrid work (hopefully this remains in place as it is a very competitive advantage and many people were hired with the understanding that their roles were remote)

Cons

Frequent layoffs Limited resources - doing more with less RTO policy for 4 days (tbc)

Explore other reviews about Scotiabank

5.0
Dec 8, 2025
Recommend
CEO approval
Business Outlook

Pros

Incredible learning opportunity if you take lots of initiative

Cons

Limited deal flow compared to larger banks

4.0
May 22, 2026
Recommend
CEO approval
Business Outlook

Pros

Good people and interesting work, flexible hybrid schedules

Cons

Data quality, slow moving organization, relocation of roles to TX

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