Thread regarding Bank of New York Mellon Corp. layoffs

Eagle was renamed when prepping for a sale. I forget to whom.

Either way they’re either selling or working on the conversion out.

Entire ELEKS team in waves

triple v's spreading

There is no eagle investments…. Do you mean “growth ventures”

The selling rumor has been floating around for two years.

Where are you seeing the names?

As of 1:30 i’ve seen ~35 names.

I’ve seen 18 names as of 10 am on 1/8 at Eagle.

@1xfg could you tell us how you know Eagle is being shopped? Do you have any proof or is this a rumor?

@2qwt

Why not look for an even higher pain position in the company.

What are these “pain positions” which you’re referring to.

You all couldn’t be University of Phoenix graduates misspelling “paying” positions as “pain” positions could you?

@1dtn

Better yet… I think that it’s entirely reasonable for I worked for a company in the past that was having layoffs in certain areas and they gave us the option to either take severance or take a similar pain position within the company… So yes, this person does sound rational

I actually think that 5qt should reach higher.. it’s entirely reasonable for him to request an even higher pain position.

Eagle is going to be hit particularly hard since they are actively being shopped and senior management wants to keep expenses as low as possible for prospective buyers

@1dtn

Classic!!!

“either take severance or take a similar PAIN position”

Exactly, @1dtn. When most sane companies eliminate positions they actually encourage employees and help them find a match for a job opening they have.
@nrx, other than not having access to the intranet, there's nothing preventing you from applying of other jobs at BK when you're fired.

Bnym don’t allow internal transfers. Makes the department look bad, they rather lay you off and have the reqs open for half a year+

Will they give me time to see if they'll still hire me before they fire me? Does this sound rational?

——
I worked for a company in the past that was having layoffs in certain areas and they gave us the option to either take severance or take a similar pain position within the company… So yes, this person does sound rational

Will they give me time to see if they'll still hire me before they fire me? Does this sound rational?

They won’t give you that option and even with open reqs they won’t put you in one which is ridiculous when they cannot get them filled

Will BNY let me give time to find an internal job or they won’t give us that option ?

Yes 1/8