Thread regarding Bank of New York Mellon Corp. layoffs

Escaped this round and some thoughts ..

I understand the pain and uncertainty that comes with job loss. Having experienced it myself earlier in my career , I know it’s not a pleasant journey. The initial reaction often is, "Why me?"

Many feel that they have been exceptional employees, pillars of their departments, and invaluable to their organizations. It's easy to think that less talented individuals remain while you're unfairly targeted. Feelings of injustice, whether due to perceptions of racism, nepotism, or a toxic work environment, are common. Some even believe that outsourcing work to other countries, such as Poland or India, is a sign of declining standards.

These are sentiments we often hear in this forum.

However, it seems contradictory that despite these negative feelings, some people are not welcoming their exit, even with severance and a stipend (a financial windfall for some). They still wish to remain in the same place they criticize so harshly.

If the workplace is truly so negative, why do we long to stay and curse the organization that we feel has caused us misery? Shouldn’t it just be a part of our past, seen through the rear-view mirror?

Many who post comments appear to want to vent their frustrations, yet simultaneously express a hidden desire to remain. This inconsistency is puzzling. If one truly despises the place so much, why stay? Just a couple of years ago, the hiring was robust—I was part of that wave, receiving a substantial raise and a big paycheck - why was it not tapped into. This round I was prepared for the possibility of being let go but was ultimately spared.

I see the organization transforming. If this is merely a survival job, why strive to improve it without being invested in the company's growth? Always looking for a way out seems counterproductive.

The objective seems unclear. Disliking the firm and management while expecting them to change without our input is unrealistic. While venting may provide stress relief, continuously reliving the negative experience doesn't help the individual—and the firm and management remain unaffected.

Our best options are

  1. Stay back in survival mode - there will be food on the table but miserable existence
  2. Look for a greener pasture and get out
  3. Be part of the organization and contribute to the transformation. You may win some and may lose a lot

Constantly fighting is neither helping the organization or you (mentally)

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| 16052 views | | 21 replies (last February 23, 2025) | Reply
Post ID: @OP+1jmfks8j3

21 replies (most recent on top)

@s7+1jmfks8j3
Ignorant , obtuse and unenlightened you are. That post is as pointless and a steaming pile as your life is. Get back in the Biden ‘No Mullarky’ bus and head for the nearest cliff

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Post ID: @vw+1jmfks8j3

@k8+1jmfks8j3

Shows that this board is full of disgruntled id--ts waiting to be axed. The @OP , though long,, makes the point.

Why stay here and be miserable? Make your own future either here or elsewhere than being a whining disgruntled miserable being thus not only hurting your family but your co-workers too

May be the MAGA member who enjoys the misery others undergo when they get kicked out their jobs. Cheering the new Musk mail asking employees to email what they do to retain their employment

May be Robin should send a mail like that and 80% of the BNY workforce will be on unemployment line

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Post ID: @s7+1jmfks8j3

There is a term for this kind of OP Bs logorrhea

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Post ID: @s1+1jmfks8j3

Look at the dislike. This comment is not enlightening at all. This comment comes from ignorance and compliance.

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Post ID: @k8+1jmfks8j3

Escape this round? This round will last another 2 to 3 weeks.

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Post ID: @f2+1jmfks8j3

After 35 years in corp world coming to BNY two years ago was by far the biggest mistake in my career.

By far the most mismanaged company Ive ever worked for. Trying now to get the freak out even if I got to take a big paycut. Was totally lied to about the benefits and work responsibilities. Way too many MDs at this place could take 50 percent of them out and have a much better run organzation.

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Post ID: @ed+1jmfks8j3

Alexander Hamilton and Thomas Mellon are turning in their graves!

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Post ID: @e5+1jmfks8j3

@OP, if the workplace is working for you just fine, what brought you to these pages in the first place?

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Post ID: @dc+1jmfks8j3

Long winded Bs artist Op,
Liars are the cause of all the sins and crimes in the world. You’re a liar!

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Post ID: @bk+1jmfks8j3

OP, Read the GD room.

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Post ID: @be+1jmfks8j3

@ba+1jmfks8j3
Tellers? Mail delivery.. Hahahhahah and you claim to work here. You are a lying piece of s..t sc-mbag coming on here to get jollies from people’s sadness and misery. All of the people here are not dinosaurs like you. You sound an awful lot like that 42 a.. hole going on about millenials and gen z. Do us all a favor and take a bath with a plugged in toaster.

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Post ID: @bd+1jmfks8j3

@ba - It's hard to take such long winded, condescending advice from someone who thinks BNY has tellers.

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Post ID: @bc+1jmfks8j3

@ae+1jmfks8j3

It's hard to know your specific situation.

However, if you've been working as a teller, capable of counting money at incredible speeds and even distinguishing between a $20 bill and a $100 bill by touch, these skills are unfortunately no longer as valuable as they once were. Machines can now perform these tasks more efficiently. Despite your 14 years of consistent and admired work, these skills are no longer in demand. This isn't about man versus machine—it's about technological advancement and the need to continuously upgrade your skills.

I've noticed many technologists who have the ability to debug CICS programs, middle office assistants who use the green screen for journal adjustments, and mail room personnel who deliver mail to desks with impressive speed. However, these skills are no longer sought after. It's important to understand that while it hurts, this is the reality. Keeping up with advancements is the responsibility of employees, not the firm.

Why would a company retain a mail delivery person when tools like Teams make everything faster and more efficient? The demise of the UK Telegram service is a prime example of this shift.

It's painful and feels like a rejection. But would you keep an old car that has dutifully served you for years but can no longer match the performance of a brand new Tesla? Yes, they are machines and you are human. However, would you continue to maintain and pay for the old car just because you are sentimental about it?

If you won the lottery and retired, would you feel the same way about the firm? Would abandoning your job and moving on to your new house in the Caribbean be justified? Why is it wrong when the tables are turned?

There was no guarantee of lifelong employment, not even from the federal government. So why do we act as if this is a shock?

And then, cursing the same firm that provided for you by employing you for years and compensating you for your hard work seems ungrateful.

Seniors often label Gen-Z and millennials as entitled brats and various other names, but from what I've noticed, it seems that they are the ones who exhibit a sense of entitlement.

This is a place to vent. Vent all you want, but will it really change or alter the outcome? Will machines stage a revolt, forcing us to count currencies manually again? Will we revert to accounting in big, fat ledgers if computers go rogue?

Maybe. I don't have a crystal ball. If that were to happen, perhaps I'd get laid off and come here to vent about how great I was at AI modeling OH wait this site may not even be there ...

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Post ID: @ba+1jmfks8j3

There are a group of us that remember our pride in the company that asked us to join many years ago and all of the "wins" we celebrated over our careers. I see this with my own team. And a belief that we can "wait this leadership out" because surely someone better will come along. Sadly, the lesson is that each new leader brought some pleasant and unpleasant changes, but it will never revert back to the way it was . . back to the days of maroon stacked logos or green signage. Those days, and those leaders, are gone.

And finding a new role may not be easy, but we can all try. Opportunities may be slim, but other firms are not like ours and these opportunities will bloom into greater opportunities. Every firm is not dying.

Good luck to all. I hope you end up where you want to be.

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Post ID: @as+1jmfks8j3

OP your post reads like a Dear Abby letter.

You are an example of advice gone wrong.

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Post ID: @ak+1jmfks8j3

OP
Contradictory? Negative? Puzzling? I was doing the ‘job’ for 14 years and I was praised and even won some awards. I always met and exceeded. And now, I was below par? Not meeting? And let go. Tell us again how we should just let that go or fob it off? It’s easy for you to be smarmy and pompous, you didn’t get lied to and axed. Want to trade places with me and tell me how to live then? Fo-ol.

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Post ID: @ae+1jmfks8j3

"If the workplace is truly so negative, why do we long to stay and curse the organization that we feel has caused us misery?"

Because I have a family to feed and college tuition to pay. It's not puzzling, it's life.

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Post ID: @ac+1jmfks8j3

Constantly fighting is neither helping the organization or you (mentally)*
Your last sentence is interesting and very misguided. Who is fighting? No one. Because you cannot win. Sure, this is a transformation but not a good one. Cancer is transformative too. So is betrayal. And that is where many feel wronged and hurt. This company always espouses how people are first. How people are the pillars. How its people and caring about them drives success. That is not happening here anymore. What we see is greed and dishonesty and many of us are also shareholders who see it as wrong. It is also interesting how your last sentence puts the company before you (the people). Just remember this when you are sent packing and have to look for a new position- which is easier said than done now. Here is wagering you won’t be so long winded and esoteric then. People have every right to complain. Not tell others how its puzzling how we choose to live.

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Post ID: @ab+1jmfks8j3

THEY ARE JUST GETTING STARTED THIS IS A TWO WEEK PARTY

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Post ID: @a8+1jmfks8j3

Well said

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Post ID: @a7+1jmfks8j3

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