Thread regarding Bank of New York Mellon Corp. layoffs

Cuts at BNY Mellon Oriskany.

How has asset servicing fared this round of cuts?

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Post ID: @OP+1jqzgbsg3

9 replies (most recent on top)

wow your analysts only make $60K? Our group pays new joiners out of college significantly more than that, plus a signing bonus, plus a year end bonus.

Do you know that $60K is pretty much exactly the average starting salary of a 22 y/o college graduate in the US? If you're complaining about how your group's new analysts are getting paid an average graduate salary, you should look less at them being an issue and more at you own career and earnings progression, and what you can do to improve that. Any analyst at a large company should be able to expect at least an average US starting graduate salary if they're in the back office, and more than the average if they're in the front. I can totally understand wanting at least the same or more than a new joiner, but the issue isn't that they're getting paid that, it's that you are not. Find a way to get more - probably means getting out of back-office processing.

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Post ID: @w3+1jqzgbsg3

Why is it that I had never heard of Oriskany until after I left the company. Was it really that big of an Operations center?

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Post ID: @v4+1jqzgbsg3

@q8 - I don't need to ask those questions because the answer is obvious - they want us to quit before they have to pay us severance. Plain and simple.

Also, they sold the Oriskany building years ago and started leasing it after it sold.

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Post ID: @s4+1jqzgbsg3

@nv+1jqzgbsg3 - breaking news nobody cares. Oriskany isnt the only site closed with staff forced to wfh. The real issue people should be focused on is why they closed sites like this where they own the building only to go lease a building elsewhere. And why are they complaining about people working from home when they created the issue. You all should also be asking why analsyts got hired started at 60k a year then got bonuses after 4 months here none of you got

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Post ID: @q8+1jqzgbsg3

@n3 - BREAKING NEWS: it's been closed since December 2023

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Post ID: @nv+1jqzgbsg3

Every few months for years some id--t claims that Oriskany is being closed. What a weird hobby.

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Post ID: @n3+1jqzgbsg3

@cy+1jqzgbsg3 - you must be re--rded. Nobody is being hired out of that location mo--n. Dont comment about places you know nothing about. And the only basket case is your mom after she gave birth to you

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Post ID: @d8+1jqzgbsg3

Oriskany is a basket case. From updates from Scharf giving five years notice, to more people being hired and on and on. Oriskany is a basket case.

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Post ID: @cy+1jqzgbsg3

You have reached a number that no longer wishes to entertain to. Please dont call back later

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Post ID: @c5+1jqzgbsg3

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