Thread regarding Bank of New York Mellon Corp. layoffs

PIP

Got placed on a pip due to end year review should I be worried at the end of the 60 days?

Partial mets across the board

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Post ID: @OP+1jnfb4x5k

34 replies (most recent on top)

OP what is the status. My colleague was put on a PIP too, one month

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Post ID: @36r+1jnfb4x5k

OP How is the PIP going?

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Post ID: @2r4+1jnfb4x5k

Stop lying about being a high performer 42. We know you weren’t. You admitted it. You retired as a K. Big deal.

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Post ID: @1dg+1jnfb4x5k

@d5+1jnfb4x5k

Not true. HR hides your PIP notification in your email inbox.

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Post ID: @1ck+1jnfb4x5k

In my department they generally require a total of 10% minimum of employees as needs improvement and 10 percent max on exceeds. The rest are "allowed" to have meets. I know because I'm forced to rank my reports in this manner and am not given a choice. With that being said, at year end I told my director I'm not doing it because nobody deserved to be below meets amd they can refer me to the ones higher if there is pushback. Not everyone was a superstar but they def weren't slacking either. Normally it's assumed that if you put someone as below meets they are on the chopping block. It's been that way for a quite a few years now.

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Post ID: @j4+1jnfb4x5k

hj+1jnfb4x5k
Not 42, I still work at bny and Im honest enough to say the PIP process is a scam/fraud.

Do the math and be honest , and we know nobody has received this lump sum payout .

Maybe you are deeply involved with the scam "in the know" and afraid of legal action

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Post ID: @j3+1jnfb4x5k

42 , @fa+1jnfb4x5k

You are not employed here. You are a fraud and an Elvis sized impacted stool.
Stop the nonsense.

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Post ID: @hj+1jnfb4x5k

Sweetheart, math~ 20% forced low ranking partials, that are forced rankings when we would not otherwise give. 5% RIF laid off from these partially met folks equates to the bank in reality pays no severance executing this perfect scam/fraud.

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Post ID: @h9+1jnfb4x5k

@dx

You, my friend, simply do not understand how the PIP process works. You have it totally wrong, but worse yet you aren’t even interested in learning.

I predict a long hard road for you to ever find gainful employment.

My best advice to you is to read and reflect upon my post daily until you actually find a job which suits you.

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Post ID: @fa+1jnfb4x5k

The “higher ups” are racking their friggin brains to figure out why the heck you cannot do your simple job.

Until then perhaps maybe they should start firing those on a PIP. Our people already believe incorrectly that PIP Is a firing. Why even give them a chance when THEY believe that it’s a death knell? I’ve placed people on a PIP and it was 50/50 whether they succeeded and thrived or failed to work.

But it was totally their choice to address their issues or fail.

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Post ID: @f8+1jnfb4x5k

42 , in case no one knows... The PIP process is a total scam fraud to save money during the RIF layoffs.
Nobody that's been laid off in 2025 has received this lump sum severance policy payout of 2 weeks per year of tenure.

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Post ID: @dx+1jnfb4x5k

The only option is find a su---r to throw under the bus

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Post ID: @dt+1jnfb4x5k

@dk+1jnfb4x5k
Back on track? Puhleeze. It’s over for this person. Do not give false hope.
Being on a PIP here is a modern day Aztec pyramid sacrifice with the head rolling down the steps.
PIP means it’s over, your toast.

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Post ID: @dn+1jnfb4x5k

@dc+1jnfb4x5k
No, not Leah. More like Lakshmi or Lakshaki

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Post ID: @dm+1jnfb4x5k

@cx+1jnfb4x5k

The development plans were pushed automatically in Oracle to anyone with at least one Partial and beyond. I read in a prior post 20% had to be placed in Partial/Below.

OP: hopefully you can pull through and get back to “On Track” at mid year. If you are let go before then, even if you survive the PIP, you will not be eligible for severance. It’s in the Severance Plan that if your most recent evaluation was below a Meets you are not eligible.

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Post ID: @dk+1jnfb4x5k

Find a co-worker to throw under the bus. Sabotage them if needed. Give management a reason to let someone else go. It’s a survival game at this dump of a company.

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Post ID: @dj+1jnfb4x5k

Dear poster @d5+1jnfb4x5k
No such thing as a
“Performance warning development plan”
It’s a performance improvement plan. And as you imply HR wouldn’t communicate with you. You so called manager would and should. I woud bet $100 you were never warned, pulled aside or met with to go over concerns. Am I correct? Odds are, you got ambushed at your annual performance review right? Anyway, that is how the spineless, yellow belly, jelly fish cowards we have here operate. If you are on a PIP, there is no hope now. You need to just go through the motions and get what you can and get out. And most of all, don’t look back. You may be depressed but it will pass when you get something good and are away from this gangrene place.

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Post ID: @dh+1jnfb4x5k

PIP = Paid Interview Period. They’re just filling the paperwork they need for Leah at this point.

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Post ID: @dc+1jnfb4x5k

In general I would say look for a new role externally. What are the terms of the PIP? If they are actually attainable and realistic then there is a small chance this is developmental. If they are very subjective then they are looking to remove you. You will have 100 ways of thinking you achieved the terms of the PIP while they will have 100 ways of saying you did not. The partial mets across the board tells me they are planning to let you go.

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Post ID: @d8+1jnfb4x5k

Anyone can let me know if we are talking about the same thing “ Performance warning development plan”

HR did not communicate with me

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Post ID: @d5+1jnfb4x5k

@cw+1jnfb4x5k
You are a horse’s a- s- s. Confronting issues? Turning a new leaf? The PIP is used as a tool to eliminate cost. Most of the people impacted are fine professionals. This is simply a scam management uses to roast people to met quotas. At one time the PIP was supposed to be a tool to improve and address deficiencies in employees deemed good investments worth keeping. The PIP process has been perverted to simply chop off heads for cost. Stay off this board. And if you are 42, go soak your head.

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Post ID: @cy+1jnfb4x5k

These days there are informal PIPs which are not recorded in the employees performance profile, and there are formal PIPs that are officially added to their records. HR really doesn’t care much about the informal ones, & employees can pass thru them if they improve in whatever way was identified. Unfortunately the formal PIPs are locked into the HR record and management usually wants the employee terminated, making any attempts to succeed mostly impossible. That’s life here at BNY currently - best to start looking for something else right away.

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Post ID: @cx+1jnfb4x5k

@a4+1jnfb4x5k

This is completely false. Many people turn a new leaf after confronting their issues on a PIP and go on to be productive employees.

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Post ID: @cw+1jnfb4x5k

Not so…. On a PIP You get a chance to work through your issues which were identified by your manager. It’s actually very expensive to hire employees and as a result everybody wants you to succeed.

Wouldn’t you prefer to succeed? Most poor workers on a PIP eventually leave and then fail with the same slacker issues at their new job.

Everybody is in your court to help you to resolve your issues. Why not join in to save your own reputation and career?

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Post ID: @cv+1jnfb4x5k

Anyone on a PIP will be gone next round. Good luck.

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Post ID: @ch+1jnfb4x5k

ax+1jnfb4x5k- AKA 42
—-

This common right here goes to show how wrong and out of touch this clown is. Anybody who’s been around the bank the past year knows that this is no longer how pip works.

go away. Go back to retirement, your 43rd year working at a financial firm, or McDonald’s… Whatever you make believe is today

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Post ID: @c1+1jnfb4x5k

I would spend my time working to try and get a new role. If on a pip, there is no severance.

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Post ID: @c0+1jnfb4x5k

Post ID: @a4+1jnfb4x5k

This is a total lie. Fess up.

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Post ID: @ay+1jnfb4x5k

PIP is a final chance to prove yourself. Know many who survived and thrived. Also know some that blew it off.

If you gonna slack you’re gonna slack wherever you land. Best to have a serious talk to your mirror about your issues and there clearly are issues for you.

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Post ID: @ax+1jnfb4x5k

You work at BNY Mellon…be afraid, be very afraid. They are ruthless, apathetic and don’t value employees.

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Post ID: @as+1jnfb4x5k

Don't worry. Be happy.

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Post ID: @aj+1jnfb4x5k

You won’t be able to move within - policy prevents that due to the partially met ratings. Make every effort to improve. Also update your resume and start applying for jobs. Use up your vacation days allotted to date. Good luck to you.

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Post ID: @a8+1jnfb4x5k

You are toast. First step to get rid of some dead weight. Lots of steps in US to shed poor or unneeded labourers.

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Post ID: @a5+1jnfb4x5k

The moment you were placed on a PIP, the higher ups have already decided to get rid of you. In my experience, nothing you do will change the outcome of getting let go, but I suppose there's a rare chance they won't (if they can find someone else within the company to let go). You should probably start looking for another job while you're at it. Either look for an opening in a different department or a job at a different company. If you do manage to find another job and get hired, just take it. They'll put you back on the PIP, if they change their minds after the 60 days and you're still in the same role.

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Post ID: @a4+1jnfb4x5k

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