Thread regarding Bank of New York Mellon Corp. layoffs

Why do they cut the best people?

I still don't understand why someone who was an excellent employee gets laid off, while someone who only pretends to work is still there.

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| 51852 views | | 13 replies (last June 21, 2023) | Reply
Post ID: @OP+1n66Ra8i

13 replies (most recent on top)

@1zbb

This sicko never stops.

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Post ID: @8nvx+1n66Ra8i

They cut "the best" people that know what they are doing because management is incompetent and they don't want anyone smarter than them around to call them out!

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Post ID: @3bis+1n66Ra8i

@mfp

I’ve only rarely seen what you’re expressing. Usually when someone is displaced the team understands why. Perhaps what confuses the matter is that often it’s the most well liked individual on the team, but not the best worker.

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Post ID: @2fyn+1n66Ra8i

The quicker you understand you are number 49756, the better it will be for you.

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Post ID: @2rqw+1n66Ra8i

The RT Group is always hiring. Must be willing to be glazed

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Post ID: @1zbb+1n66Ra8i

Good people generally earn more. That immediately puts a spotlight on them when the grim reaper comes calling. This is why mediocrity prevails at BNYM. The talent either leaves or gets axed, leaving mostly so-so performers.

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Post ID: @1wzz+1n66Ra8i

@tft

It’s ok to say that you don’t know.

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Post ID: @1hqo+1n66Ra8i

Politics play a large role. That’s what happened to my last manager. He was well-liked by many and rose up through the ranks to L or M over the many years I worked with him. Once we got a new MD, he was forced out because she hired her own people.

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Post ID: @1cqz+1n66Ra8i

A lot of times, layoffs are based on job classes. It’s often K and L grades.

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Post ID: @bjp+1n66Ra8i

You’re being delusional. That is a rarity if it weee to happen like that and all my years here never known it too . They are always cutting people who know the processes and work hard. Then keep the goof off , slackers

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Post ID: @mfp+1n66Ra8i

just because someone get's fired it doesn't always mean what you think it does. who knows, some folks here privately talk to their managers and ask to be selected as a target so they can get severance and take a break or retire.

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Post ID: @lqu+1n66Ra8i

Are you referring to those who are legends in their own minds? In my experience they usually do displace the team members that aren’t carrying their load. Not always of course but usually.

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Post ID: @qqp+1n66Ra8i

Seriously? Do we really have to explain how the world works ? Come on now

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Post ID: @tft+1n66Ra8i

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