Recent major layoffs in Massachusetts
Bank of New York Mellon
Number of jobs affected: 1,500
Bank of New York Mellon Corp., which employs 4,000 people in Massachusetts, said it plans to eliminate 1,500 positions, or 3 percent of its global work force this year, in a move the company contends was underway before this weeks market volatility.
Bank of New York Mellon Corp. said executives had not yet decided what parts of the company would be affected but it would try to minimize layoffs through attrition and a hiring freeze, and by using fewer temporary workers.