Thread regarding Bank of New York Mellon Corp. layoffs

NEW SEVERANCE PLAN

Does anyone know with the new plan, will they payout unused vacation? It would be nice. And with P-M coming the end March, when will those layoffs happen?

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| 15724 views | | 12 replies (last February 4, 2025) | Reply
Post ID: @OP+1jk3qakzc

12 replies (most recent on top)

I was laid off in 2024 so received the 2 weeks for every year of service SUB - has that changed?

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Post ID: @kj+1jk3qakzc

Need info: how long before it is safe to give Notice period without it threatening to trigger clawback/payback of Bonus and 401k match? Thank you

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Post ID: @kf+1jk3qakzc

@e9+1jk3qakzc
At BNY, not since Jan 2024.

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Post ID: @ep+1jk3qakzc

I’ve never seen it abbreviated P-M either. The way I keep seeing it spelled on here looks like thelayoff is blocking letters of an inappropriate word.

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Post ID: @em+1jk3qakzc

It’s pretty standard for companies to pay out any unused vacation days accrued in the same year (aka 2025) but not any days rolled over or sick days

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Post ID: @e9+1jk3qakzc

How does someone at BNY not know?

Thanks for the direct answer.

To the person that asks why someone doesn't know, probably because we don't spell it that way. Also unless it affects you, it doesn't affect you, at least it doesn't yet.
It definitely doesn't touch everyone... my friends have heard of it but it's not in their area yet, but it doesn't touch everyone.. also because it's actually called P-M. I guess the next question is why is it abbreviated on this platform.

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Post ID: @cj+1jk3qakzc

Will this come up in dreamboat Dermie’s big
P-M meeting less than 2 weeks? Where we hear about how great and flawless P-M is doing? This should be a critical topic, money says it won’t get touched.

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Post ID: @bs+1jk3qakzc

If you work at BNY how do you not know what P-M is??

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Post ID: @bp+1jk3qakzc

Platform operating model

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Post ID: @bc+1jk3qakzc

what does p-m mean?

Seen it on many posts.. not tracking.. thx

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Post ID: @b3+1jk3qakzc

Unused vacations are not paid (only when required by some states) since Jan 2024 as per policy.

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Post ID: @ax+1jk3qakzc

Typo meant P-M

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Post ID: @a1+1jk3qakzc

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