Thread regarding Bank of New York Mellon Corp. layoffs

Class action lawsuit

anyone else heard rumors of this. I heard from a friend in another dept that there was a class action lawsuit pending on age discrimination and other things….would be interested given I am in my late 50s and its inevitable that I am gonna be let go given what I am seeing. Which lawyers are handling it ?

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Post ID: @OP+1jshdvd1v

10 replies (most recent on top)

It’s a Custody bank. It has to run lean and mean or go under.

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Post ID: @123+1jshdvd1v

You should be aware that prior to making cuts, the company has an outside firm look for legal vulnerabilities… as in, groups that are over represented compared to what percentage of the BNY workforce they represent.

That’s part of why the process takes so long from the time managers submit names.

So I would be surprised if any sort of class action would stand up.

If you are let go, your best bet is if you have a stellar long-time performance record.

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Post ID: @jy+1jshdvd1v

Here you go. Take a screenshot before it gets deleted again.

Here are a few law firms in NY that are currently representing ex BNY employees or that have recently settled w ex BNY employees

NY

Parker Pohl 212-203-8915
Goodstadt law group 516-307-1880
Filippatos 914-984-1111
Outten & Golden 212-245-1000
HKM 212-439-5127

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Post ID: @gn+1jshdvd1v

Here’s the prior thread…. https://www.thelayoff.com/t/1jr8tqmq5

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Post ID: @gf+1jshdvd1v

HR definitely is aware of this site. It probably learns more about the company and how to do its job here than it does at BNY. It is why anyone using a device connected or having permissions to BNY’s apps is a de-ad duck

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Post ID: @gb+1jshdvd1v

I swear this site gets threatened by BNY and deletes useful post and information.

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Post ID: @g6+1jshdvd1v

There was a list of law firms handling some of these cases on an earlier thread. Did it get deleted?

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Post ID: @g3+1jshdvd1v

There are a handful of pending lawsuits and some of the lawyers handling them are mentioned in earlier posts. I don’t know of any class action suits but they could be out there.

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Post ID: @g2+1jshdvd1v

By the time the lawsuit goes through, it will be too late. The EC and Board of Directors are hard at work running this historic American banking institution through the ground! Alexander Hamilton and Thomas Mellon are turning in their graves! What a disgrace!

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Post ID: @cb+1jshdvd1v

I am not holding my breath on this rumor. Even if it comes to pass, it will take years and the payout will be enough to pay for lunch at Wendy’s. This place’s best dept is legal.

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Post ID: @a9+1jshdvd1v

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