Bank of New York Mellon Corp backed away on Thursday from changing rules relatin...
FILE PHOTO: The Bank of New York Mellon Corp. building at 1 Wall St. is seen in New York's financial district March 11, 2015. REUTERS/Brendan McDermid
- Bank of New York Mellon Corp backed away on Thursday from changing rules relating to its staff working from home, after a call to reevaluate the option invited severe criticism from employees.“We have not been clear enough about our principles and that has resulted in inconsistent implementation across the company,” CEO Charlie Scharf wrote in an email to employees on Wednesday.
The New York-based custodian bank will take the next several months to reconsider its approach to work-from-home option, bring clarity to what it intends to accomplish, and move forward in a way that is fair for all employees globally, it said.
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