Thread regarding Bank of New York Mellon Corp. layoffs

How many were laid off this week in the end?

Do we have any idea of the total number?

by
| 2034 views | | 7 replies (last August 25, 2019) | Reply
Post ID: @OP+10GmjorT

7 replies (most recent on top)

1'200 on dec round

by
| | Reply
Post ID: @2fhy+10GmjorT

Also depends on the yield curve - looks worse - and the s&p.

Restructuring will only end when revenues start to increase. When will that be?

by
| | Reply
Post ID: @1fij+10GmjorT

No idea on the number. Seemed smaller this time, but they also pulled back open recs for various departments. So you need to take those in consideration. As for next wave....book dec 2nd.

by
| | Reply
Post ID: @1bmq+10GmjorT

I heard 250 company wide. Someone mentioned 250 in Pune? That would mean 500. I don’t that is correct. I heard layoffs are not over until the restructuring is completed. Heard next wave Dec 2.

by
| | Reply
Post ID: @zfq+10GmjorT

Pune had more than 250

by
| | Reply
Post ID: @fmf+10GmjorT

Is there going to be more next week?

by
| | Reply
Post ID: @bbx+10GmjorT

Approximately 250, which isn't that much compared to the past few layoff rounds.

by
| | Reply
Post ID: @lyl+10GmjorT

Post a reply

: