We continue to optimize our global business structure to increase efficiency, enable faster decision-making and better serve our clients. As a result of these strategic actions, periodic staff reductions may occur.
Source: https://www.post-gazette.com/business/career-workplace/2019/01/15/BNY-Mellon-cuts-staff-layoffs-bank/stories/201901150162?utm201901150162201901150162201901150162201901150162