M&T’s Push Into Tech Brings Big Payoff for Buffalo: 1,000 New Jobs

April 17, 2019

M&T Bank’s push to more rapidly develop and deploy technology will have a big payoff for Buffalo: More than 1,000 new employees who will be hired to work downtown.

M&T expects to fill the first 250 of those jobs this year and to complete the hiring of software engineers, web developers and other digital positions over the next five years. The bank will also add 200 technology-related jobs in Wilmington, Del.

Rene F. Jones, the bank’s chairman and CEO, revealed the hiring plans on Tuesday at M&T’s annual shareholders meeting at its headquarters. The hiring wave fits with the bank’s ramped-up investment in technology and its plan to centralize where its tech employees work.
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