Thread regarding Bank of New York Mellon Corp. layoffs

Boston office closing?

Is there a timeline? I have a friend there, but haven’t been able to get hold of them and was wondering what the status was there.

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| 8277 views | | 5 replies (last January 25, 2025) | Reply
Post ID: @OP+1jj86rzj5

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@hk+1jj86rzj5
Isn’t this just wonderful? What a fantastic place to work and have a (heh heh heh) career!!!!
Robin and co stole this MA. plan from the movie ‘Bridge on the river Kwai’. Work people like POW’s, torture them, mentally abuse them, then, dispatch then with all haste.
‘Madness!….. Madness!’

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Post ID: @kd+1jj86rzj5

Short term the goal is to move all MA divisions into Boston and make life miserable for their employees so that they leave on their own (no severance). Everett, Wellesley, & Westborough are all in scope and 99% of all employees will be inconvenienced by this change (which is the intention).

Open positions will not be backfilled in Boston.

Longer term the plan is to close Boston, offer the remaining employees severance, and have their positions based from a growth center.

2027 is the goal for that transition.

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Post ID: @hk+1jj86rzj5

Boston is building out a few floors. Definitely not closing.

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Post ID: @ay+1jj86rzj5

When is this supposed to happen?

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Post ID: @ag+1jj86rzj5

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