BNY Mellon to shut its Cork office, affecting up to 200 jobs

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BNY Mellon to shut its Cork office, affecting up to 200 jobs

BNY Mellon to shut its Cork office, affecting up to 200 jobs

The American financial services giant BNY Mellon, which employs over 1,000 people in Ireland, is to close its office in Cork.

The US lender, which has operated in Ireland since 1994, closed its office in Wexford only last January, with about 300 workers being affected. Some of the staff there did manage to secure positions in an expanded BNY headquarters in Dublin, which opened this summer.

A spokesperson told the Irish Independent: “At BNY we continually evaluate our real estate footprint to ensure we are operating efficiently. We are intending to close our Cork office. For affected employees we have commenced a consultation process. We remain commit