this is the termination conversation due date. Between now and that date it has to occur for those that didn't meet the in office requirement. The messed up part is they are making management deliver the news and if we don't by that date we face corrective action. Im sorry but this is the banks requirement not management so they should be telling people this cr-p. Please tell me again wtf HR does
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Although my job is probably eventually ending due to my locale, I work with people from LM and I can’t say anything bad about a one. Don’t be mad at the people from other locations.
@3mao No layoffs in LM even though I’ve worked with some of the most incompetent people there. One individual, brought on as a VP for an entry level position has been unable to grasp even the most basic functions of the role after more than a year and a half. In addition, the team members in India that were hired have repeatedly sc--wed up so bad that clients are demanding compensation for errors or else they walk. Unfortunately RV will probably be long gone by the time these decisions materialize into huge losses. In the meantime he’ll continue to point to the share price to show how successful he is.
It’s this including employees in the Lake Mary office?
3hdw+1uaPW6Nj
False. Wrong. You are just trying to be a truth denier now. FYI+1 and some others here are totally on the mark. Do you see what is going on here even in the last two days? It’s not solely RTO refusniks and sub par employees. It’s about savings targets and locations and redundancy in management and redundancy of roles that offshore also has picked up. Many of the RTO - refuseniks are already extinct as the tracking for HR has hunted them down. They are not some large group lingering out there. Will there be new ones cropping up as time goes on? Sure. But these outliers are not where the savings are. There is an 8-9 digit $$$ differential figure for non strategic locations plus and that is what is driving this. As for ineffective workers, you are wrong there too. The cuts over the last 2 1/2 years have gotten those first. What is left are people that survived those rounds. Of course there will always be people ranked lower but that does not mean they are bad or not doing their jobs. It just means they are group ranked as the next targets to have roles moved to cheaper locations if that role is even needed.
Your co-workers "like" to call it "SUB" because that's what it is - supplemental unemployment benefit. It's different than severance.
Sorry, you’re incorrect. It’s a mix of both RTO Refuseniks and ineffective workers, some of whom are on a PIP. The real difference is that the RTO Refuseniks are fired and get no “severance” (which our coworkers like to call “SUB”) .
1fns+1uaPW6Nj
10 minutes of ‘work’ ? Important for you to retain your humanity ? meanwhile the real human being is being turned into giblets and cranberry sauce? Extra 10 minutes out of your life? Meanwhile the person targeted is impacted for good? Wow such compassion!!
This is proof that BNY’s middle layer is the bottom of the rubbish barrel. You are not a manager. Just a mindless member of RV’s Manson ranch gang.
1fns+1uaPW6Nj - its not mgmts job to do HRs job. This is a bank requirement. Not even one most managers want anything to do with so i agree as well “the 10 mins worth of work” you think it is should be on them. FYI, Its also not 10 mins when you have all the extra steps following that conversation just so they dont have too
1jku+1uaPW6Nj - thats not why you're getting let go
1dyv+1uaPW6Nj - for one this topic is about in office requirement not a regular termination. For two, the company doesnt have to offer any type of sub or separation package like you seem to think. Ive seen some people not get anything
1fns+1uaPW6Nj
You are ignorant of the whole point of what should be the responsibility of HR. If you truly are a ‘manager’ at BNY, then you are a contributing tool to the problem. You are just a mindless hatchet. It has nothing to do with people’s humanity or lack of compassion. RVM’s point is that it makes the manager an unwilling accessory to actions they did not cause or own.
@rvm+1uaPW6Nj Are you complaining about having to do 10 minutes worth of work? Please remember that the employee who is taking this extra 10 minutes of your life is a human being. As managers, it is vital that we retain our humanity.
I’ve been here since college - 21 years and I am getting let go because I worked in Syracuse. It’s not all RTO
@duv Good point that I forgot. If someone does not meet RTO requirements they are released. And at the risk of being downvoted, rightly so.
eta+1uaPW6Nj - “not equipped to think” and yet I've been here longer and get paid more than you. Also, clearly know more than you too. Whats wrong? Did I hurt your ego? You're little i think i know everything man complex? Run along and play some golf now . Leave the important things to the important people
You expect HR reps to do actual work? They're nothing but a bunch of lazy self-absorbed DEI hires! They're a bunch of corporate bureaucrats that add no value to our organization. They spend most of their time gossiping about the rest of us and conjuring animosity and friction between employees. They're the corporate bureaucracy and the root cause of the failure running through the hallways! I say hand them all pink slips first! They're all useless to begin with and wouldn't be missed! Replace them with AI!
DXD
Sensitive child. Truth hurts you pretty badly. +++Ive been here 20 years and in mgmt more than half and still am. I think i know whats happening far more++++ Just more evidence the current middle management layer is an incompetent failure and a target. You are not equipped to think because you can’t process facts and commentary. The epitome of a below expectations to be rated soon.
@ybc+1uaPW6Nj - this is a policy violation. They aren't getting supplemental anything and wouldn't qualify for unemployment either for that very reason
@fyi+1uaPW6Nj - i think you need to d-mb yourself down. I dont need an explanation from a ta-d. Ive been here 20 years and in mgmt more than half and still am. I think i know whats happening far more and better than you so take a seat
I would rather be subject to a RIF than a victim of a “PIP and go” as we like to call them at BNY). A RIF gets supplemental unemployment.
@hdi+1uaPW6Nj
Will ‘d-mb this down’ for you as reading is apparently not a strong point for you. No one is disputing the specifics for the advisements due to not meeting in office reqts. The comment is simply that the majority of the September ‘layoffs’ will not be for in office attendence reasons. Nonetheless, All this counts toward the September RIFs.
I’m sure you all realize also all of the bogus exceptions allowed for not meeting RTO guidelines. Once again management playing favorites and others turning a blind eye to it. Cannot even begin to explain how managers don’t realize how much of morale crusher this creates for those abiding by the RTO requirements. Have to assume they don’t give a cr-p. Guess it’s good to be king.
Right from delivering their message for them, we also have to submit the exit form for them too, order the boxes for the equipment and terminate their badge and access. That used to all be done by HR upon termination. This is beyond ridiculous
@ypk+1uaPW6Nj - not sure what you're rambling about or why you're trying to telling managers what this is. We all had to be on mandatory calls with Hr about this process we are stuck doing instead of them. Could there be others terminations for other things at the same time ? Sure, but this is very specific to in office requirements not met as the poster stated. And we have between now and the 13th to advise those being terminated this is happening
CXW
Yes indeed. Feel your pain completely. It is immoral and wrong. These dirty butchers make the cuts and it’s us delivering the news and having to justify it. And… even if you can save someone, it’s only a matter of time before they come back again. Once someone’s flagged for anything, they are marked for disposal later. Resistance is futile.
I did not pick the people impacted. My manager did not pick them either. The person who did should deliver the message. This is outrageous and horrible. I won’t be surprised if they RIF me after my people are RIF’d. Yes I am actively job searching.
Most of these will not be for RTO. Many are meeting the in office reqts. Majority will be simple reductions in force. RIFs in non target areas to be more accurate. And these reductions will commence week of 9/16. This notion of in office reqts being the big reduction reason is now a canard.