Thread regarding Bank of New York Mellon Corp. layoffs

I set a goal for myself to be gone by the end of 2021

We're now well into 2022 and I'm still here. it's not for the lack of trying. I keep applying. I keep interviewing. But when I reach the pay negotiations, nobody is willing to pay even close to what I make currently. Now I have a feeling I'll be stuck here and unhappy until retirement if I'm not laid off. This is exacerbating my anxiety and depression. I hope others are having better luck than I am.

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| 40443 views | | 17 replies (last March 26, 2022) | Reply
Post ID: @OP+1fT0WmMS

17 replies (most recent on top)

@3grq+1fT0WmMS

And there are a few clues in your post, also:

  1. Your guess of my age is totally wrong by a wide mark.
  1. You obviously have a superior attitude that you feel the need to disparage my comments about leaving this clown car of a company.

From that I can deduce...that you are a good example of one of the very BNYM types of a-holes I referenced in my post.

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Post ID: @3wfw+1fT0WmMS

@lfk+1fT0WmMS

You will never move out of your mother’s basement. There are at least 3 clues to this in your post that you are 40 years old, but going on 25 years old.

  1. I left in January. Had nothing else lined up
  2. I'm good financially for the rest of the year, and plan to start job searching when it gets warmer.
  3. I just couldn't stand working under the two clowns who were running the team I was on.
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Post ID: @3grq+1fT0WmMS

@atl+1fT0WmMS

Reach out for help. At least a therapy dog.

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Post ID: @3aie+1fT0WmMS

I set a goal in 2019, met it, and have never looked back.

You could look at it this way. I got tired of selling my soul for a company that couldn’t care less. It was not difficult to find a better situation, even if less pay.

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Post ID: @2hyl+1fT0WmMS

I’ve never once had my yearly goals before October. Let’s all just pretend together that we have a functioning goal and performance measurement system.

What a joke.

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Post ID: @1trn+1fT0WmMS

Are they cascading goals again?

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Post ID: @1tor+1fT0WmMS

I’ve been gone for 8 months. I do still have the nightmares, but they’re not nearly as intense as before. I’ve definitely made the right move.

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Post ID: @1iao+1fT0WmMS

Quit in MY terms in 2022!! Hasta la vista!

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Post ID: @cbl+1fT0WmMS

It helps if you have a 'game plan' that fits your own agenda. Without one, you are at the mercy of the company, whose pirority is anything but you. Like @lfk+1fT0WmMS, just by being away from the pressure may sometimes help one think better. If $$ is all that matters, then by all means stay, and learn to be happy with it.

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Post ID: @ljo+1fT0WmMS

It's the ultimate escape room. One horrible puzzle leads to another horrible puzzle.

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Post ID: @fkj+1fT0WmMS

Working here feels like I am in some kind of a ' Space time' loop which means I am stuck in a place in time and space where there is no escape. Yes it is very depressing as we foresee like we have to work till death or retirement and not getting an opportunity elsewhere.

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Post ID: @atl+1fT0WmMS

I felt the same too for a while. It'll be easier to find something else if you're not in operations, looking in a different industry, and/or you are willing/able to relocate. I was on a tech team and upskilled by frequently asking for more challenging work and practicing my coding outside of work hours. It was a real grind and I thought I'd be stuck here forever. I left earlier this month for a new industry and a new city. Best of luck OP, keep your head up.

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Post ID: @cvc+1fT0WmMS

Agree with fto+1f, our operations staff perform notoriously clerical work that has very little usefulness within the greater finance world or other industries. It’s the reason why we’re so valued in the industry; it’s mindless manual pencil pushing and spreadsheet checking that our clients would rather outsource than do in-house. Getting any job after years of having such a clerical role on your resume is hard. I had to claw my way out of operations and it took a lot of upskilling to get to a place in which I had value to add to a different role. I was in your position once and it was scary, good luck to you. It can be done.

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Post ID: @zqt+1fT0WmMS

Take a few risks, be a contractor for a few firms. As you move around you will take away many new skills. I can honestly say that I’ve learned incredible lessons and skills in every job which I’ve ever had. You will be amazed how quickly your skillset grows. If you’re a team player who is willing to learn and work you will likely get offers from virtually all of the companies for which you contract.

The main reason that BK employees struggle to get external offers is our well deserved reputation for old technology and old clerical ways of doing things. No recruiter desires new employees with the BK 1980s-90s skill sets.

The corollary is an accurate perception that most employees can only perform purely clerical tasks. Sure we combined Operations and Technology on an org chart but nothing will advance until operations people get tech savvy. There is a certain clerical orientation and mentality which our Ops people have. That’s why they work at BK.

You have to stand out from the crowd and contracting does that … new skills, a wider network and offers after “try before buy”.

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Post ID: @fto+1fT0WmMS

You have to look for a different job all together. I got away from the banking industry. Most of our experience can help crossover into a different career. You can try insurance companies, health care, Amex Discover card, etc. All these jobs can be done from home as well.

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Post ID: @mva+1fT0WmMS

Best of luck, hope you can handle sticking around at a place you're miserable at.

I couldn't; I left in January. Had nothing else lined up, but didn't really care because it got to the point I just couldn't stand working under the two clowns who were running the team I was on. Staff had been reduced from 10 to 6 people, and those of us remaining were expected to pick up the extra slack...all the while being micro-mananaged and endlessly nit-picked by the two tin hitlers who went over every aspect of our work with a fine-tooth comb.

I'm good financially for the rest of the year, and plan to start job searching when it gets warmer. I don't even care if I make less money in whatever new job I get, just being away from the aggravation of working under the thumbs of two a-holes will be reward enough.

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Post ID: @lfk+1fT0WmMS

Had this myself. Keep on trying, upskilling and something will come up eventually. Good luck.

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Post ID: @gwz+1fT0WmMS

This is what is mean. Everyone talks a good game on here, but reality calls- will you make the same money if you left?

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Post ID: @jyk+1fT0WmMS

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