Bringing Down A Satellite
A long-time in-plant manager reminisces about his in-plant’s fate after his company, Mellon Financial, merged with the Bank of New York.
The evaluation was fair and the logic was good if a bit theoretic. The Philadelphia and Secaucus in-plant operations would be closed and their clients and equipment distributed to the Boston and Pittsburgh sites. This would strengthen these two hubs if they could meet the customers’ requirements. Even the displacement of our staff was compassionately handled.
- People:
- Mellon
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