Thread regarding Bank of New York Mellon Corp. layoffs

Layoffs will always be happening

It's on you to be prepared when that happens. Worrying about layoffs all the time makes no sense. If you prepare yourself for the worst-case scenario, you can forget about the threat of layoffs because you know you're going to be okay no matter what. Network, save money, keep your resume updated, start applying just for the interviewing experience... Once you know you're employable and/or have enough money saved for a lengthy job search, your life will become significantly less stressful.

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Post ID: @OP+1eVwlhx1

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I wouldn’t worry about it. Getting laid off from BNYM was legit the best thing that ever happened to me. I make more more money now, enjoy my job much more and don’t work for a Cnt of a boss like Jn Nixon

It’s phenomenal

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Post ID: @7fbr+1eVwlhx1

Yeah, but the stress is absolutely not necessary. It would cost the company NOTHING and actually make money if they did downsizing ethically and sensibly.
1 . Determine your desired staffing levels for the next few years.

  1. Notify employees of the reductions needed and give a timeframe of when the selections will be made and when they'll be notified.
  2. Notify Employees of their severance and other avenues the company provides to help in transition.
  3. Notify each employee weather they are affected or not and pretty much guarantee them a job for a few more years.

Can I get my gabillion dollar stock options now that I did the head of HR's job?

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Post ID: @1bcb+1eVwlhx1

manual testers will always be targeted so if you want to grow in that field it's best to start learning automation soon. it will be like this in every tech company at some point. and if manual testing is required it will be done by cognizant or some other vendor.

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Post ID: @1ipy+1eVwlhx1

I've been doing most of this and I still worry. Some things you can't change.

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Post ID: @1bnk+1eVwlhx1

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