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BNY Mellon Plans to Lay Off About 1,500 Employees

Thursday, Jan 26 2023

News Roundup

Written by PFA News

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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.

BNY Mellon The bank recently said that keeping expenses in check would be a big goal for 2023.

The layoffs will reportedly concentrate on management roles.

Read the full article from Bloomberg.

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