Thread regarding Bank of New York Mellon Corp. layoffs

January Layoffs

Any word on which groups will be impacted or will the 55+ get targeted?

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| 6207 views | | 15 replies (last December 23, 2021) | Reply
Post ID: @OP+1emplCTw

15 replies (most recent on top)

@5rjx, except along with those higher paying retail jobs comes 6.8% inflation. Doesn't make it very easy to plan your retirement...

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Post ID: @5vph+1emplCTw

I’m over 55 and want to get laid. Off.

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Post ID: @5smp+1emplCTw

If you are over 55, nearing retirement or contemplating the same, and SUB/severance eligible, then getting laid off is a gift. If you are worth your game, then you can easily get picked up elsewhere, and even can semi-retire and get a good paying low stress job in retail. Go out, enjoy time at a restaurant, and if service is slow, maybe ask what the wages are and fill out an application because there are LOTS of other jobs out there. Maybe not at your prior pay level, but in 5 or 10 more years, you were going to retire anyway.

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Post ID: @5rjx+1emplCTw

55+ WhMls are always the primary target. All other displacements, particularly those with DEI credentials, are added in only for serious cause or performance issues.

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Post ID: @3uvk+1emplCTw

@1iei+, they won't even be real graduates. They'll just have a few couses at the Indian Institutes of Technology.

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Post ID: @2yay+1emplCTw

The recent graduates with their 3 months of intern experience will make a fine replacement for the 55+ crowd.

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Post ID: @1iei+1emplCTw

Take a look around and you'll see 90% of BK employees are 55+. If it wasn't for ops making 35k we'd have 99% who are 55+.

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Post ID: @1jtq+1emplCTw

Post from TheLayoff.com

Wasn’t there an announcement that they launched 100 new ETFs this year? So much for winning new business.

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Post ID: @1hln+1emplCTw

ETF to be hot hard

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Post ID: @1fgq+1emplCTw

@1iar+1emplCTw, do you know this for a fact or are you just surmising? The environment in Asset servicing tech is fear ridden. It would be a shame to invoke more fear to those already carrying a burdensome load of fear on their shoulders for the sake of stoking more fear upon them.

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Post ID: @1zet+1emplCTw

anyone whos a manual tester.

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Post ID: @1iar+1emplCTw

@xob+1emplCTw

You still don't get it.
they are playing divide and conquer, and you are on the wrong side

First they came for the socialists, and I did not speak out—
Because I was not a socialist.

Then they came for the trade unionists, and I did not speak out—
Because I was not a trade unionist.

Then they came for the Jews, and I did not speak out—
Because I was not a Jew.

Then they came for me—and there was no one left to speak for me.

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Post ID: @ckz+1emplCTw

Will only be the 55 plus. Maybe they will throw in one or two non 55 plus so they don't get sued.

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Post ID: @rfy+1emplCTw

asset svcing tech

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Post ID: @crm+1emplCTw

Yeah, the unvaccinated and Justifiably so! Bye Felicia!

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Post ID: @xob+1emplCTw

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