Thread regarding Bank of New York Mellon Corp. layoffs

I want to get laid off, but they won't do it!

I want the package. 2 months' severance pay for no work sounds good to me. I'm at a place in my life where I'm planning to leave soon anyway and take a few years away from the workforce to pursue other goals, so why not get a package on my way out? I've all but stopped doing my job or paying attention to what is going on with my team, but I'm still here........

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Post ID: @OP+17eJE2do

10 replies (most recent on top)

I was laid off in January of 2020. It was the best thing that happened to me since I accepted the job in the first place. If you continue to do hard work they'll lay you off eventually! Good luck!

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Post ID: @ylup+17eJE2do

You should be worried about being terminated and 0 severance. Just saying.

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Post ID: @6ddw+17eJE2do

Maybe they just don’t like you. When I quit, they offered me a package if I would stick around until the next lay-off. That would have been a year’s salary and benefits, but I would need to stay a few more months to get it. I know some are telling you to do something to deserve being let go, but maybe try being better and see what happens. Working at BNY makes no sense, neither does getting out.

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Post ID: @4qra+17eJE2do

I have a great suggestion that worked really well for me. Wait until you get your end of the year review. When you go to write your self assessment, make the self assessment all about your boss instead of it being about you. So instead of it being a self assessment, you are going to write a supervisor/leadership assessment in place of the self assessment. If you need to, you can start off by doing a self assessment, then wait for your supervisors feedback, then write the supervisor/leadership assessment as part of that last step in the review process where its has to be reviewed and signed off by the higher up manager. Be brutally honest of course. Talk about everything that's going wrong and what you feel needs to be done to fix it. Don't forget to list the people and processes whom you think need held accountable for all that is going wrong. I know you are probably thinking that I'm being funny, but I really did this at BNYM and it really did help to engineer my layoff. It got the ball rolling. Yes it put a big red target on my back, and they tried to fire me, but I kept my nose clean throughout the fallout. Doing the supervisor/leadership assessment really put it into writing how I felt about them, and how displeased I was with my role in the company. They had no choice but to lay me off when the next round came. I'm really proud of how it all worked out. I couldn't be more happy! Another good thing to note here is that I was NOT a contractor. I was a long time BNYM veteran originally hired at 225 Liberty if you can believe that! So that's my big accomplishment in life :-)

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Post ID: @3fwl+17eJE2do

Challenge your boss and leads, and ask them questions, at the same time make them feel like you are working very hard as if you badly need this job.

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Post ID: @2wlp+17eJE2do

Did BNY get fed bail out money because of the pandemic? I heard yes and if it’s true there is no layoffs for a year.

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Post ID: @2zon+17eJE2do

Start working your a– off and give everything you have to the company. They will lay you off soon enough.

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Post ID: @2vgj+17eJE2do

Did you get BE on a review?
One is all it takes. I got the first and only one ever working there and was cut loose in less than six months.
If you didn't, then you will still be there.

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Post ID: @1hqu+17eJE2do

That's your problem–you stopped doing your job and paying attention to what's going on with your team. These are two of the top qualities they look for in senior management. They've recruited many managers from outside over the last several years that excel in these areas. Never mind the package–you've likely been added to the fast track for promotion.

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Post ID: @1cmg+17eJE2do

Ask for a package. They will oblige.

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Post ID: @1hue+17eJE2do

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