Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Job security

Remember when that was a thing at BNYM? Good times...

A Milenial with some advice -- for what it's worth

Reading these threads about people losing their jobs, healthcare and suffering from crippling anxiety is f---- heart breaking. But, listen, the economy in which you went to school, got a job, worked at said job for 10+ years, and based your entire... — read more 

BNYM Layoff Procedure Summary

I just want to document this for other folks looking for the info. The source is below: Question: How do they execute layoffs? Conf call? Meeting with a dir? HR present? Who’s in the room? How long does it last? Can you negotiate anything? Do you... — read more 

COBRA/Health Insurance

Let's document this. Does anyone know how much is COBRA for a family of four (I have two teenagers + spouse)? What's covered by COBRA? Is dental / vision included? Thank you! Source @Z9wLhFb

Stay strong and keep it classy

If you get hit, stay strong and keep it classy. Walk out with your head held high. You have skills - you will be okay. Leave on a good note and ask your manager if you can use them as a reference. Regardless of what we have to put up with from upper... — read more 

How do they execute layoffs?

Conf call? Meeting with a dir? HR present? Who’s in the room? How long does it last? Can you negotiate anything? Do you have time to pack up? Questions, questions… I have so many of them right now. I just hope I am not affected…

So tired of this neverending uncertainty...

Either lay me off or tell me I'm safe - don't keep me in this perpetual state of stress and worry! Anything would be better than this. It feels like we are all stuck in limbo. Can't move on and can't really focus on work either. No wonder... — read more 

Anything confirmed about layoffs today?

I was pretty scared, O gotta admit, given the rumors about layoffs happening today. So far, at my office nothing is happening, just another Monday. Did layoffs really happen today, and if so, what locations were impacted and what number of employees... — read more 

Office Closures

The St Louis & one other domestic CT office is being Closed today. Impacted employees are being notified with packets from HR.

5/20 nerves

Really nervous about 5/20 and the week. 240 Greenwich. Fingers crossed for all.

DR Test

I wonder how many people working on tonight’s DR test will be getting chopped this week

Sinking Ship

People who are strong swimmers are the fist ones to jump off a sinking ship and head toward another ship. For many others, the other ship is not within their reach, or doesn’t exist at all. This latter group is the most vociferous about the working... — read more 

There are other options available

Honest question - why are people who are complaining about their jobs at BNYM not improving themselves and looking for new jobs? Why aren't you learning new skills? Things that will make you more attractive to potential employers? I know most of you... — read more 

Hamilton Celebrations

The Thomas Mellon thread and replies made me think about all of the stupid Hamilton themed c-ap this company puts on. I honestly don't recall much of a fuss until the musical came out. Even worse than the promotions are the butt kissers who... — read more 

Do other banks take BNYM seriously at all?

How do other banks view ex employees off custody banks? Do they even took us seriously at all? I have an ex colleague who has a hard time finding a job after BNYM. Is that just his bad luck, the tough market, or do other corporations look down on us?

I'm sorry Thomas Mellon

I'm not the person that should be making an apology but you are certainly owed one. Your legacy was tarnished beyond repair when a hack of CEO made a deal with the devil and sold your company to one of the worst in American history. I used to hate... — read more 

HR Recruiters

Some HR and recruiters are not needed since they are hiring far less people nowadays. If you're a recruiter, I'd start looking and then you will also know know what it feels like to get lied to and strung along for months only to find out the... — read more 

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Is it better once you leave?

Do people who have left BNYM have any regrets about making that decision? I know a guy who ended in pretty much same circumstances as he was in here at his new job, so now I'm starting to worry that might be a universal experience - considering the... — read more 

More layoffs?

They are laying off a lot of HR recruiters. That is the rumor over here. Heard it from the top. Is this really happening? Can anybody confirm?

Layabouts will always survive the layoffs

The managers little minions who layabout will survive on May 20th and 21st like they do every round. It's why upper management is fooled. These friends of managers come to work with a positive attitude because they have no stress knowing they can... — read more 

How do you describe your title in job hunting

For those who is looking or already landed a new job, how do you describe your title to companies which have a transparent and clear structures? We have corporate title, functional title, and team title, and grade level. It's confusing.

What made you decide to leave?

I'm trying to decide if I should start looking for a new job or stay here to the bitter end - and I'm having trouble making the final decision. So I'm wondering if people who've already decided they're leaving on their own would mind saying what was... — read more 

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