Bny Mellon Layoffs - The bank is cutting about 1,500 jobs to cope with turbulent markets and weak investment banking results, a source said. It joins goldman sachs and blackrock in trimming. Bank of new york mellon corp. Plans to cut about 3% of its workforce this year, or some 1,500 jobs, in its bid to streamline expenses, people familiar with the matter said. In this article, we’ll explore the reasons behind bny mellon’s layoffs, how these cuts affect the company, and what this means for its future in the financial industry. Bank of new york mellon, which employs about 1,700 in ireland, is planning to lay off about 3 per cent of its global staff this year as the us lender says costs will be a top priority. Bny mellon is cutting about 3% of its global workforce, about 1,500 positions. “we continue to optimize our global infrastructure to align with strategic priorities, better serve our. Shares in bny mellon were. Bank of new york mellon corp is planning to cut around 3% of its workforce this year, a source familiar with the matter told reuters on friday, joining a number of wall street.
The bank is cutting about 1,500 jobs to cope with turbulent markets and weak investment banking results, a source said. It joins goldman sachs and blackrock in trimming. Bank of new york mellon corp. Plans to cut about 3% of its workforce this year, or some 1,500 jobs, in its bid to streamline expenses, people familiar with the matter said. In this article, we’ll explore the reasons behind bny mellon’s layoffs, how these cuts affect the company, and what this means for its future in the financial industry.