“Changing business needs require us to reduce our workforce at the facility permanently and, therefore, we are providing you with this notice in accordance with requirements of the Federal Worker Adjustment and Retraining Notification Act about the layoffs at this facility,” Angela Perez, head of employee relations at the bank wrote the Colorado Department of Labor and Employment.
The job cuts will happen on Sept. 15, BMO said in its letter. Employees will not be offered bumping rights or priority in applying for other positions with the company. Chicago-based BMO, formerly known as the Bank of Montreal and then BMO Harris Bank, announced in February that it had completed its acquisition of San Francisco-based Bank of the West, including its 68 branches in Colorado. The deal