Thread regarding Bank of New York Mellon Corp. layoffs

edinburgh is closing?

will we be able to work remote if we are high performers?

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| 5485 views | | 6 replies (last January 13, 2025) | Reply
Post ID: @OP+1jh6nddvm

6 replies (most recent on top)

If your location is to close then everyone will be wfh until they sort it out - not based on performance.

Imagine Transfer Agency will be hit hard this year with most jobs going to Manchester. Other areas may remain in Edinburgh but the office has been sold and handover date is Sept 2026 - numbers will be far lower by then and required office space will be lower as a result.

Not quick to secure space so would imagine site leadership should be looking at options now.

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Post ID: @s5+1jh6nddvm

For my department we have a few staff remaining in Edinburgh, but almost all now based in Manchester and Wroclaw. Closure expected in few months (I'm not aware of exact date, but high performers going WFH, low performers going to be redundant. Most will be redundant and replaced in Manchester).

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Post ID: @dm+1jh6nddvm

Cork is not closing this year.
There is an announcement imminent in Wexford in the next 6 weeks or less.
Liverpool is not closing.
Poole a possibility but nothing definite

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Post ID: @bv+1jh6nddvm

Firstly is this fact or heresay?
The amount of rumours here about offices in Europe closing is ridiculous. They can't all be closing.
Cork, Wexford, Liverpool, Poole and now Edinburgh?

And no, of course your job isn't safe if you're high performing. The company care for low wages. They don't care about their employees, about loyalty or about performance. They want the job done with as little cost as possible. Poland and India are their low cost centres so that's where they move the work

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Post ID: @bp+1jh6nddvm

You may well be the greatest, most efficient and positive employee BNY ever had. But….
You are too expensive, too non growth center and too many benefit requirements.
Resistance is futile. You will be assimilated by India.

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Post ID: @aj+1jh6nddvm

No. Everyone is replaceable.

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Post ID: @a1+1jh6nddvm

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