Thread regarding Bank of New York Mellon Corp. layoffs

Year End Review Groups and Percentages

Posting this for the inevitable questions over the coming months, or more likely next year when fears of being PIPd come up. These are the groups and the percentages for each group. Reminder: if you are in Group 4 or 5 you will not be eligible for severance. I expect very few who are let go receiving severance next year when there will be 25% of the population to choose from who would not be eligible.

Group 1 - 10% - Significantly Exceeded Expectation
Group 2 - 15% - Exceeded Expectations
Group 3 - 15% - Achieved Expectations
Group 4 - 15% - Achieved Some Expectations
Group 5 - 10% - Did Not Meet Expectations


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Post ID: @OP+1k6djpc2b

3 replies (most recent on top)

Fyi, mid year had to be 10% group 4/5 at MD reporting level.

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Post ID: @e4+1k6djpc2b

@a6+1k6

Ha! I didn’t even do the math. Just passing on what came down the pipe. I do know that group 4-5 should be accurate based on what we’ve been hearing all year. Remaining 35 probably between groups 2-3.

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Post ID: @af+1k6djpc2b

@OP What about the 35% that you have not accounted for?

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Post ID: @a6+1k6djpc2b

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