Bank of New York Mellon has introduced a fairly massive layoff by announcing a reduction in force of almost 5% of their staff eliminating 1,800 employees jobs.
The bank acquired a financial company, which quite possibly was a smoking gun for why they're having underperformance and resorting to layoffs like all their sector buddies. New York high-end excesses is going to be a ghost town over the next couple of years.
Related:
Citi Under Siege: Citigroup Announced Layoffs Larger Than Expected
Lost Golden Boys: Goldman Sachs to cut 10%
Finance sector layoffs? Predictable as the sun rise.
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10 comments:
The financial company is not very helpful to them.They must avoid making it a ghost town.
suman
very good bpo
decrease the amount in bank sector of new work mellon layoffs.Need to rest.
kurlie
need to rest
the company is very strict that's why it growth is very fast.
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The bank took a very good decision for its financial improvement.
sam
Well running BPO and call centre
It will not take much time to become a ghost town if it is move in just like this way.
Benjamin
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tk.
Verry good bpo
this bank a very good decision to develop their financial improvement.
sucharita
out sources bpo & call center solution
Existence of ghost town is a alarming news .
suman
outsources bpo & call center solutions
decrease the amount in bank sector of new work mellon layoffs.Need to rest.
suha
outsourse BPO and callcenter solutions.
They shouldn't name ghost to this town.
sam
Outsources BOP and Call centre solution
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