Thread regarding Bank of New York Mellon Corp. layoffs

Layoffs

So when is the next round of layoffs? Or are they complete with the ones done in December? Or are more to come this month?

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| 9349 views | | 10 replies (last December 12, 2024) | Reply
Post ID: @OP+1vUclZML

10 replies (most recent on top)

Engineering jobs are moving to India. FACT.

So layoffs in US and hiring in India.

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Post ID: @2ipm+1vUclZML

@1ymp+1vUclZML

25%; no region/department spared. FACTS.

This is the first time I see 25% comment. Please do not share if the information is not from a reliable source.

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Post ID: @1smq+1vUclZML

25%; no region/department spared. FACTS.

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Post ID: @1ymp+1vUclZML

What is QC? Are those tech jobs impacted?

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Post ID: @1frg+1vUclZML

Westborough QC was notified the department was being "migrated" to India 1st Q. They are being trained now, with a very aggressive time line. There is no specific date. This impacts the entire team of 9.

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Post ID: @1eda+1vUclZML

It won’t be early in January I think it will be towards the end of the month. There will be a lot by end of first quarter.

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Post ID: @1whj+1vUclZML

Had a townhall today, and all they talked about was "Operational Efficiency" for 2025. That's a fancy way of saying mass layoffs are coming next year.

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Post ID: @1yan+1vUclZML

No more this month. Robin and his inner circle have a big offsite at ‘Scrooge and Marley’s’ counting house where they will learn new McKinsey workhouse, orphanage and prison techniques for ‘25

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Post ID: @1moo+1vUclZML

@fhr+1vUclZML

10 percent across the board. Is it from a reliable source or a rumor?

I only heard 10% in Operations (2,000 employees).

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Post ID: @1xin+1vUclZML

Jan-March 2025. 10 percent across the board.

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Post ID: @fhr+1vUclZML

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