Thread regarding Bank of New York Mellon Corp. layoffs

Big Announcement this week...

Speculation that all bonus payments cancelled after emergency meeting on saturday. Is that true?
Also, new top dog to be announced as outsider from one of Charlies ex places of employment to take the wheel??

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| 3075 views | | 10 replies (last February 14, 2020) | Reply
Post ID: @OP+13rndgOY

10 replies (most recent on top)

Here's a big announcement I was just given by my manager ... layoffs starting next Tuesday thru March 13, which this time they are spreading out.

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Post ID: @4ovp+13rndgOY

Why stock price isn’t going up? Haha. Cause the bank is run by buffoons who haven’t had a good idea since pre merger. All they can come up with is “expense reduction”- layoffs. Those savings on layoffs are offset by exorbitant Exec pay.

Much of the “great” automation & technology we keep hearing about isn’t getTING funDing for 2020.

All management can come up with is - cut costs.
Let’s hope they don’t delay our raises 6 months AGAIN.

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Post ID: @2bmt+13rndgOY

Not true. Bonuses won't be as great as in previous years due to poor performance but they are still being paid. The emergency meeting was about why the stock price isn't going up.

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Post ID: @2jen+13rndgOY

Can I get a sub severance bonus? I want a sub and severance and a bonus. Severance bonus.

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Post ID: @1jlx+13rndgOY

DO PEOPLE ON SUB-PLANS GET A BONUS??

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Post ID: @1ebr+13rndgOY

Stop making rumors up about these bonuses. Go look for work if you been let go.

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Post ID: @1qpc+13rndgOY

I am pretty sure 50 or more people may have be waiting for the Bonus and be prepared to walkout for a better career elsewhere.

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Post ID: @1fcn+13rndgOY

vzo+13rndgOY ... I painted my kitchen over the weekend then watched it dry ... that was more exciting than listening to him.

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Post ID: @1ugj+13rndgOY

Not true I am a manager and bonuses will be paid

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Post ID: @rrd+13rndgOY

Let’s face it, “Interim Todd” isn’t exactly a dynamic presence on stage. He comes off as a dusty shoed custodial banker.

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Post ID: @vzo+13rndgOY

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