Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

HAMILTON!

In two sentences or less, a highlight of your day. Tell us how you REALLY feel! Example: I have a greater appreciation for a person that was just laid off, because I spent a few hours starting to learn theit job.

Is BNYM laying off newer hires?

Or are these layoffs specifically to get rid of people with higher pay? When I say newer, I mean newer - less than six months with the bank. I'm asking because a lot of threads talk about people over 50 being targeted, being laid off, and very few... — read more 

No logic to these layoffs

There's no rhyme or reason to it. A (very good) manager at my location had stripped her office of personal effects and was hoping to get a package. She had been taken off a major project a few months ago, and she thought for sure that was the last... — read more 

BNYM W2 Form

I was let go and I am wandering if I am going to be able to get an electronic W2 form from BNYM now that I do not have user name and password access any more. Anyone knows?

For those who keep wondering if we are done

Layoffs just started. They will continue to happen until the stock rises due to layoffs. Then he jumps with his golden parachute. This is pretty much it. So my advice is to get your resume in order and start sending it out. Job security is not... — read more 

SUB Pay and New Job - Honor System/Keep it?

If I get a new job but continue to keep my sub pay there is nothing that says there is a penalty for doing so. Only that I "may" be required to pay it back. So if I just save it and toss it into a MMKT account and they come after it, fine. If they... — read more 

Any way to tell which offices are most in danger?

Is there any logic that could be applied to the method in which they are performing the layoffs? Any way to tell which offices are up next, or are in more danger of being hit by cuts that others? From the layoffs that happened so far I couldn’t make... — read more 

NYC Office

I was a long term well-paid employee. Up until last year, my reviews were always excellent. Then to my shock, I was rated BE mid-year. Often times I observed coworkers literally doing nothing at their desks, sleeping, and gossiping openly over the... — read more 

Is anybody going to be left at Pittsburgh?

Just my observation and it may not be true, but as far as I can tell any wave of layoffs hits the Pittsburgh office the hardest, that is, if we compare the layoff-number of employees ratio. Seriously, why are they doing this? If they want to close... — read more 

Tuesday May 28

Lookout for the day after the Holiday. More layoffs on the horizon. If you haven’t figured it out yet, they can/will happen anytime. They spread them out to not draw too much attention. There is no “safe” period. My advice is stop checking this site... — read more 

Today's NYTimes

It’s Never Been Easier to Be a C.E.O., and the Pay Keeps Rising. https://nyti.ms/2HSfaDy Easiest gig for Charlie. Over and under: less than a year left for big payday.

Mid-year Performance reviews

Has anyone received the Mid-year performance review mandate yet? I haven’t seen any emails about it. Is it too early?

How long in advance?

I'm curious as to how long in advance layoff numbers are approved and finalized before the employee is notified? I read on here that January layoffs were done in October. Thank you and good luck to all.

Will some offices be allocated or closed?

This is just a question that comes out of my own conclusions and not any reliable info or anything. With all the layoffs I’m sure some locations have been cut to that degree that there is no pong of keeping such a small headcount in a certain... — read more 

Yes, there is hope

I was laid off in my 50’s and was successful finding another job. I used the outsourcing service which was excellent because my resume was in 1980’s style. I also was not giving myself credit for everything I know. So take as much resume advice as... — read more 

Is the building empty?

Seriously does anyone work at BNY anymore? Is the building going to be turned into a hotel? Myself and all the people I was friends with got waxed in January. It's almost funny. I feel like the homeless people are going to be taking over for refuge... — read more 

Why even bother?

If you are over fifty, why even bother and try to do a decent job? It's not as if it'll matter in the end - nobody is looking at our performance when deciding who'll be laid off, just our age and pay. Our fate is already decided, it's just a matter... — read more 

GRS Tacoma possible closure

Bnym GRS Tacoma had layoffs like everyone else here. Only 100 left. Rumors are most work is being shifted to Pune, Poland and Pittsburgh. Rumor is office is closing within next couple years.

Look on the bright side

Layoffs are never an easy time, but for good and knowledgeable employees ‘n not afraid. Someone will find a job earlier, someone will find it later, but ultimately we will al be going to better places than the one we are at now. In the end the ones... — read more 

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Post ID: @OP+ZbCgZQQ

Do not give BNYM power over you

YOU control your day! Not BNYM! Do not give them that much power over you! Once it starts affecting your health, and Sanity, it's time to get out. I understand the stress of the layoffs looming overhead, but I got out before they took me out. We all... — read more 

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Post ID: @OP+ZbDVOsD

The Best Decision I ever made...

was to update my resume and LinkedIn and start talking to recruiters last summer. It landed me the most amazing job at a foreign bank in Midtown. The first wave of layoffs came last summer and I refused to be a sitting duck. So I resigned from BNYM... — read more 

Lemmings

Anyone else sick of these blogs & internal posts talking about Chucks thoughts and then looking through the comments, people kissing his butt saying “ thank you Charlie for being transparent & sharing your vision”. BARF. And these “activities” for... — read more 

How sad is this?

I'm here at the crack of dawn checking to see if there are any news on more layoffs at work. No coffee, no shower, no breakfast with family... The very first thing I do nowadays is check this page to see what kind of day I am going to be looking at... — read more 

23 traits of a really bad manager

i took this from ford's forum (btw they are laying off 7k and the board is on fire) Steals and/or hogs credit Gives no recognition Micromanages Overly controlling with significant lack of trust Nepotism / Favoritism Lack clarity of thought and/or... — read more 

Is anything happening except layoffs?

And I’m not talking about today's layoffs, I'm speaking in general. If the true purpose of the cuts were to restructure the company and make it better, shouldn't some other changes be taking place as well, other than people getting cut on a daily... — read more 

has it started or not?

somebody said layoffs have started but nobody else is mentioning anything. what's going on?

No layoffs today

Correct me if I'm wrong, but things happen first thing here when it comes to layoffs. Which means if we haven't heard anything by now, we're good for the day. I refuse to stress any more than I have to. I'll leave it for some other day when we... — read more 

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