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Thread regarding bank of new york mellon corp. Layoffs planned office closures and headcount reductions the bank will be taking many opportunities to reduce headcount, focussed on higher paid staff with longer tenures and located in offices away from regional hqs. There are rumors that the pennington office location might be closing.
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Is this just a rumor, or is it true? Rv is running this bank into the ground. No concern for anyone but himself and the stock price. If you choose to work here, you are running into a burning building.
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Legacy pershing is being decimated by bny and pershingx. A shame what theyve done to the firm and the people theyve gotten rid of. They need more employees rated under performing. Sets up lawsuits nicely for force rankings. Bny mellons announcement about potentially relocating or cutting jobs has left many employees, particularly in their 20s and 30s, worried about their futures.
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