Thread regarding Bank of New York Mellon Corp. layoffs

Sale of EMEA locations ??

Anyone hear story that offices and specific business lines in europe to close...potential sale of some? This seems to be circulating a bit at the moment.

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| 1264 views | | 5 replies (last August 15, 2019) | Reply
Post ID: @OP+10wwv25M

5 replies (most recent on top)

Apparently UK to be hit in January. The output from UK is too low per capital expenditure. Poland struggling to retain staff so higher skill and senior levels going there rather than Ireland. Lux is being expanded too at expense of Germany. Its political re Poland. It has to be made work for grant purposes etc.

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Post ID: @2cmo+10wwv25M

They are moving high end jobs to poland. Low end to india. And Ireland and Uk going to be slash and burn. They are wanting to cut uk and ireland by 30% by feb 2020.

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Post ID: @2rty+10wwv25M

No sale, moving business and closing offices/business lines. Communication in the next weeks. More jobs going to Poland.

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Post ID: @2rcp+10wwv25M

I heard a lot more moving to Poland and Ireland.

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Post ID: @1izd+10wwv25M

Breda I hear.

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Post ID: @1bns+10wwv25M

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