Thread regarding Bank of New York Mellon Corp. layoffs

Next round of cuts

With all the talk about bonuses, I'm starting to get a bit optimistic about the situation. Should we assume that we're done with cuts for now? I know there'll be more sometime down the line, but maybe not in the following few months? Or is it naive of me to think that?

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| 49743 views | | 14 replies (last February 19, 2021) | Reply
Post ID: @OP+19mLOFSk

14 replies (most recent on top)

In Ireland management team, I think you are referring to big bird.

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Post ID: @8wlz+19mLOFSk

Look at Ireland... the management are a laughing stock in the industry. Many will not move as they would not cut the mark else where and the policy to promote 30% club (as a female I find it insulting) but it's being pushed by female leadership in Ireland. Pretty dam s-xist and discriminatory. As a female I want to know I got a job on merit as opposed to s-xual orientation. Wake up Ireland.

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Post ID: @6usj+19mLOFSk

The name of the bank should be changed to “Bank of New Pune”

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Post ID: @6msx+19mLOFSk

So true. I’m sure there are some good leaders in the company..right? Somewhere? My manager was not, but some people have a good leader, I hope.

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Post ID: @6lym+19mLOFSk

The ones that should be on the list are not. They are usually the ones creating the list. They need to eliminate poor managers... but it doesn't seem like they care. So many good employees have been let go over the years... clearly BNYM values... cheap soldiers and weak managers

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Post ID: @5hda+19mLOFSk

you answered your own question ...

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Post ID: @5cyn+19mLOFSk

They did layoffs a week ago. I think they're doing them monthly.

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Post ID: @5ymr+19mLOFSk

Anyone still works here don’t have extensive tech skills, otherwise why are they there BUT the opposite is true and due to limited or no skill, they become YES people and getting political favor.

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Post ID: @3cgv+19mLOFSk

Next round will be in April.

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Post ID: @3tug+19mLOFSk

If your job is done on a screen and is repetitive then someone will do it cheaper in India or Indiana assuming software doesn’t replace it completely

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Post ID: @2bpi+19mLOFSk

I’m sure there will be cuts in the 2nd quarter. Probably not as many as quarter 1, but as more of the work load transfers to Pune, positions elsewhere will be eliminated.

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Post ID: @2rzs+19mLOFSk

You must go on the premise that today could be your last shift, unless you have political favor or have extensive tech skills or are willing to work 126 hours a week as exempt.

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Post ID: @eyc+19mLOFSk

thanks for the laugh

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Post ID: @max+19mLOFSk

Very naive.

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Post ID: @kpr+19mLOFSk

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