Thread regarding Bank of New York Mellon Corp. layoffs

Any news on layoffs?

Do we have any idea about the next wave of layoffs?

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Post ID: @OP+15La4l4m

14 replies (most recent on top)

Focus is on non-US locations, no doubt, because of US pandemic money restrictions.

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Post ID: @iapi+15La4l4m

I don’t know.. I have a feeling August is going to get hit even though no jay off 2020.

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Post ID: @hgna+15La4l4m

I don’t know.. I have a feeling August is going to get hit even though no jay off 2020.

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Post ID: @hesz+15La4l4m

Does anyone have information about layoffs in August in the US?

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Post ID: @aeaf+15La4l4m

i'm in asset servicing tech and we were asked to give potential names by 'rank'

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Post ID: @8mhh+15La4l4m

Continual under the radar layoffs happening. Next flurry will be start of august. UK to be hit hard as one senior mgr is offering up headcount I believe (will help him achieve his goals and get his bonus).

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Post ID: @5icm+15La4l4m

Bnym Tacoma office to be hit hard in January. MGMT at this location are totally ridiculous. I'm sure the rest of us will be gone next year sometime.

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Post ID: @4iwm+15La4l4m

I bet if you express concerns about returning to the office and want to continue working full time, you will be put on "the list" for 2021. Wouldn't put it past this slimy company.

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Post ID: @3swt+15La4l4m

Time is the most powerful thing, before BNY humiliated employees and laid off, whoever left are living on the edge each day. Now, BNY might have to give bonus or give raise to keep specially the core developer like JAVA. Ops are still at risk as Dev can do everything that Ops does.
BNY may be already reaching out those smart employees who got laid of because of problem with dumb managers.
BUT smart ones are making far more than BNY what BNY manager are? so be nice, what goes around comes around

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Post ID: @2vzh+15La4l4m

As L1 and H1 being paused and higher possibility of extension, BNY may have to hire new expertise instead of layoff. But not sure who wants work here. Probably frashers but who is going to train? Very interesting situation may come up for BNY as it's reputation is totally ruined.

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Post ID: @2ppq+15La4l4m

"None in 2020"- Todd Gibbons, CEO, BNY Mellon

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Post ID: @1owz+15La4l4m

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