The bank recently said that keeping expenses in check would be a big goal for 2023.
The layoffs will reportedly concentrate on management roles.
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Bank of New York Mellon has leaked plans to cut the jobs of about 1,500 people this year, representing roughly 3% of its workforce. So reports Bloomberg.
The bank recently said that keeping expenses in check would be a big goal for 2023.
The layoffs will reportedly concentrate on management roles.