Thread regarding Bank of New York Mellon Corp. layoffs

It seems they are trying anything to get people out without paying severance.

  1. Offshoring, and this can also affect people outside the US as labor costs change.
  2. RTO with draconian enforcement tactics.
  3. RTO to locations that are rumored to be closing next year, at which point the job you've been doing remotely for many years will suddenly require a move to some distant location within 30 days, which means most people will just quit.
  4. Forced rankings, giving people 'below expectations' ratings for some non-measurable reason. Then, put those people on PIPs, allowing you to terminate them within 30-60 days with minimal severance pay.

Did I miss anything?

I'm updating my resume and will be sending it to recruiters when they send me job leads. I'm not actively looking yet, but if the right opportunity comes along (local or fully remote) I'll have a hard time saying no.

This sums it up. OP: @v4+1jsmw50cf

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| 7733 views | | 10 replies (last May 4, 2025) | Reply
Post ID: @OP+1jt0sdrgy

10 replies (most recent on top)

I just got laid off for a PIP. Didn't even wait the full 30 days. Did it before they had to pay me again, and didn't have to give me any severance.

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Post ID: @yb+1jt0sdrgy

@br+1jt0sdrgy
Well now, your drivel didn’t age well or even 24 hours now did it? My advice to you: put some salve on that fissure in your b-m - print off today’s announcement on 4 days in office and apply to your behind with that. Then update your resume and cover letter. Staying here makes you a victim. And don’t forget, you were told.

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Post ID: @en+1jt0sdrgy

And just like that, an email comes out announcing 4 days a week starting September 2nd.

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Post ID: @ek+1jt0sdrgy

@ax+1jt0sdrgy

Yes I can see that you are posting through your fissure in your rear .. Less said better.. Come back in July and gloat on this thread

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Post ID: @br+1jt0sdrgy

September 2nd is the date. Not all posts here are blowing smoke. If you don’t really know, you shouldn’t be casting a doubt on others that do.

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Post ID: @b8+1jt0sdrgy

@ah+1jt0sdrgy
What speculation? It’s getting announced in June and the 4 days in ‘oaf-ice’ will start in September. If you really have a fissure in your rear end over this, why don’t you pose the question at the next Town Hall on May 8th? Go on, go ask our gifted BNY immortals up there on Mount Olympus the question in writing.

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Post ID: @ax+1jt0sdrgy

@ab+1jt0sdrgy

Yes… but quite honestly, colleges and Universities with their expensive degrees are not the problem here. The PROBLEM is, we have all these so called laws, protections, policies, state mandates, watchdogs and politicians that claim to protect John and Jane Worker. We have nothing of the sort. These are show piece legislations that DO NOTHING. When American based companies are allowed to displace Americans just due to costs, it’s really a crime that those so called protections and watchdogs are a failure. The crime really is that these companies outright lie and go unchallenged when they claim that outsourcing is necessary due to talent , skills and innovative techniques that are not available in the US. That’s a crock of brown cabbage! All these 3rd world developing nations are simply cheap entry level labor with skills entirely gleaned, learned from and procured from the US and UK. In a way, India and these Asian so called tech firms are just parasitic communities. Without the US and UK to do cheap business with they are simply more of those useless degrees. So with corporate greed and lack of real professional labor law protections unchecked, this is what happens. Taxes, levies, surcharges and fines are needed for companies that offshore like this to make them pay the difference. Labor laws? Where? WARN? Seriously, that is a buffoonish joke. Companies work around these. It is not the average American’s fault that things are more expensive here but at the same time if you are knocking off true American talent just to hire offshore, maybe that company should not be getting tax breaks or incentives. This would be quite easy to implement but politicians and these companies wink at each other.

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Post ID: @aw+1jt0sdrgy

@ag+1jt0sdrgy

Not that it may not happen,, the readers in this forum ARE TIRED of these speculations - just out of thin air.

Please stop unless YOU have REAL information - not the one that comes out of ...

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Post ID: @ah+1jt0sdrgy

4 days a week in the office - end of August.

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Post ID: @ag+1jt0sdrgy

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