Thread regarding Bank of New York Mellon Corp. layoffs

P-M

Are they paying severance to employees being let go due to P-M? Or are they also being force ranked and let go?

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Post ID: @OP+1jpzhpmn9

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Hello

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Post ID: @rq+1jpzhpmn9

What are these labels 6, 7 and 5 translate?

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Post ID: @qz+1jpzhpmn9

Depends on the # assigned with force rank/rate whatever they want to label it. 6 and 7 PMs getting let go with no severance. I think 5s were spared this time. Over 30 years and I just got axed with no sev. Watch your backs and if you are put on a bogus pip and told you don’t deserve it but they have no one else to give it to to meet the bm%, then get your resume ready asap. They don’t care about you and lie to your face.

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Post ID: @kq+1jpzhpmn9

Uhhhh I’d like to buy a vowel here?
Why does it matter to you?
Its either or depending on what the quotas for particular manager are.

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Post ID: @bc+1jpzhpmn9

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