Thread regarding Bank of New York Mellon Corp. layoffs

Site Closures

Has anyone heard anything about which sites will be closed next?

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Post ID: @OP+1jhkb6dqh

17 replies (most recent on top)

@e2+1jhkb6dqh OBP is building out floors. They are not closing for sure. How OBP is cheaper than Wellesley and Everett is baffling but that’s where we’re headed.

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Post ID: @qv+1jhkb6dqh

We can get out of the Pennington lease in 2026.

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Post ID: @q9+1jhkb6dqh

Edinburgh building sold and to be out by 2026 - Edinburgh as a site stays, needs a new smaller office.

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Post ID: @ms+1jhkb6dqh

Pennington 's lease was extended to 2029. So I do not see that closing. Was told that directly 2 months ago.

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Post ID: @kn+1jhkb6dqh

BNY will save a lot of money by closing these sites and reducing headcount.

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Post ID: @kc+1jhkb6dqh

Someone in the know told me the Pennington NJ Office is slated to close.

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Post ID: @fb+1jhkb6dqh

Pennington will definitely be closing. Some will need to commute to Jersey City or 240G.

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Post ID: @ex+1jhkb6dqh

240G, moving to India.

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Post ID: @e7+1jhkb6dqh

One Boston Place by year end

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Post ID: @e2+1jhkb6dqh

Find it hard to believe all the below office mentioned will be closing....

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Post ID: @e0+1jhkb6dqh

Pennington

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Post ID: @dw+1jhkb6dqh

Will there be any offices left at this rate

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Post ID: @dr+1jhkb6dqh

Wilmington soon

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Post ID: @dd+1jhkb6dqh

Everett by end of 2025

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Post ID: @da+1jhkb6dqh

Westborough ???

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Post ID: @aa+1jhkb6dqh

There are HR calls happening now to manager's of those affected. If you're located in Edinburgh, start getting your manager to justify your role for Remote and fight for you. Entire site will be managed out by start Q4.

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Post ID: @a9+1jhkb6dqh

Wexford rumoured to be announced in the coming weeks.

Other sites (Edinburgh, Poole) have been told their replacements will be elsewhere so are likely marked for closure but not in the immediate future.

Unsure as to how long after an announcement it would take for office to be closed or if any WFH opportunities will arise from closures.

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Post ID: @a2+1jhkb6dqh

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