Scotiabank reviews

employees receive preferential treatment, exclusive opportunities, and undue recognition, while others are left feeling undervalued and overlooked. This favoritism has created a toxic environment where morale is low, and team cohesion is virtually non-existent. Upper management is a significant part of the problem. They foster this culture of favoritism and are often unapproachable and dismissive of employee concerns. Constructive feedback is ignored, and any attempts to address these issues are met with hostility or indifference. This toxic behavior from the top trickles down, making it difficult for employees to feel motivated or appreciated. There is a clear lack of opportunities for advancement. Promotions and career development seem to be reserved for the favored few, regardless of their qualifications or performance. This has led to a high turnover rate, as many talented individuals choose to leave rather than stay in an environment where their growth is stifled.

Top quality Directors, VPs, CIOs and senior execs are gone during 2023 restructuring. No proper vision on where bank is headed. Teams are handed over to inexperienced executives while top technical executives and Directors are let go. Layoff happened based in who knows who not who was the best person for the role. Scotia lost subject matter experts with 20/30+ years of bank's experience.