Thread regarding Bank of New York Mellon Corp. layoffs

Layoffs or Sensationalism

Laysoffs in the thousands .... a joke. Not the first time either. Any credible posts on here? There are been a handful of layoffs globally. Sensationalist site

by
| 2979 views | | 12 replies (last December 5, 2019) | Reply
Post ID: @OP+12khXtSt

12 replies (most recent on top)

https://www.pionline.com/money-management/mellon-lose-active-equity-co-cio

Did some high end cleaning in Boston.

by
| | Reply
Post ID: @2ufj+12khXtSt

Layoffs are supposed to continue until year end and then continue into the new year.

by
| | Reply
Post ID: @1djz+12khXtSt

240 technology definitely between now and next week ... when people are laid off, their last 'official' day is actually mid-month, not the day of the layoff, so the 'group' of different ages is bigger so they can show it is not disproportionately older people on a given day.

by
| | Reply
Post ID: @1fqn+12khXtSt

First hand knowlege..locations please?

by
| | Reply
Post ID: @1uyg+12khXtSt

You're very mistaken if you think the layoffs are over. They are ongoing this week. I have first hand knowledge of a few dozen that have not been done yet.

by
| | Reply
Post ID: @1jpy+12khXtSt

1 managing director in oriskany and 8 people in one department that I know of. What departments were eliminated in oriskany?

by
| | Reply
Post ID: @1wqh+12khXtSt

There would have been more layoffs but they ran out of severance. More to come January!

by
| | Reply
Post ID: @1fdz+12khXtSt

Who said it's over. And you know it!

by
| | Reply
Post ID: @1psa+12khXtSt

The Oriskany Facility was hard hit between today and yesterday. Not just one or two emplotees but entire departments.

by
| | Reply
Post ID: @1fta+12khXtSt

If the company would just be honest and forthright and transparent, there wouldn’t be constant speculation of the next dirty deed they will do....

by
| | Reply
Post ID: @zka+12khXtSt

Yes but most were at start of year. And many of the headcount reduction were natural attrition. Very few this week...immaterial numbers so far.

by
| | Reply
Post ID: @wna+12khXtSt

Employed in December 2018 = 51,300. Employees in December 2019 = 48,700. You do the maths...

by
| | Reply
Post ID: @vus+12khXtSt

Post a reply

: