Thread regarding Bank of New York Mellon Corp. layoffs

A better life after BNYM

This post is just to encourage anybody facing the sudden prospect of resignation / layoff, that life after BNYM is INCREDIBLE!

I left BNYM a few months ago, after forcible attempts to change my role. At the time, I was in shock, and couldn’t believe that this was the reward for “exceeding expectations”.

Fortunately, I had been building a small business alongside work, which started as a fun hobby. Unbeknownst to me, this would replace my BNYM income, when faced with the “no-choice” decision of a new role. I now work half the hours for the same take-home.

I say all this to say…BNYM (unknowingly) provides the opportunity / environment for us to advance study, business plans, job applications…alongside work.

My advice:
Stick to a regular work schedule i.e. 8-5 / 9-6 (whilst getting the job done), this makes it easier to discreetly and quietly plan interviews / run a business.

Actively use lunchtimes / breaks to think about what you want next - if needed start taking in a personal iPad / laptop.

If you have the time or energy after work…progress with job applications, personal study, a side hustle…and be disciplined about it - this is your future…your escape plan.

Immediately consider other passive income streams…i.e. AirBnB, renting a spare room, dividend stocks. I had to honestly ask myself…is any of your income protected from the whims of BNYM?

If faced with a sudden curve ball by BNYM, research the legalities of your situation…even the slightest (most tactful) suggestion of this knowledge in your exit letter / discussion with HR will give you more control/power in your exit.

Lastly, leave on your own terms - hopefully in a much better position.

I hope this is encouraging to someone.

Best of luck

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Post ID: @OP+11QrPfU7

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Yes, I approve this message!!!

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Post ID: @4eks+11QrPfU7

I am in the same boat as you but still at BNYM, though I can see the writing on the wall. I also run a side business that isn't making as much as it could because of restrictions related to my job. Crazy as it sounds, I am kind of scared and excited if and when they finally drop the hammer on me.

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Post ID: @1hms+11QrPfU7

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