Thread regarding Bank of New York Mellon Corp. layoffs

@ec

What is most surprising to me is that you think each case falls into the official rule book and you think things around there don’t get unofficial.

Yes, racism exists dear. Sure, I may have been expensive. But, you can’t give preferential treatment and special projects to the white woman on your staff that you brought from a competitor firm. You can’t give her greater visibility, analysts/associates, and mentorship and think that’s equal playing of the field. Racism. You don’t have to believe on the pathetic 8 month severance. On you. Let it serve to the others as a data point. People go there what they want. If they know you have a strong case for a lawsuit, it is best for all to close it out with a competitive severance package. Clearly you are unaware to the nasty plays. And it’s best you keep to your VP or below plays.

@bh and shes full of sh-t saying she got that much severance as a newbie. Uh no so nice try

@ba you worked at bny for 100 days and are trying to convince us you got 8 months severance. No ma’am you didnt. You werent here long enough for one and tenured employees laid off get two weeks for each year of service so nice try

@ba
Racist?
Nope. You were 3 things.

1. Too expensive
2. Not useful enough to exploit
3. A trouble maker

BNY deemed you a steaming pile.
You lost. No racism. Just no good.

A lot of corporate theater will continue to play out to conceal how the company plans to shed jobs and accelerate the movement of departments and job functions to Pune. Afterall, company objectives include 1.4 million square feet of premier office space in Pune. The next big push will be for you to train your replacement in order to ‘help the team.’ Can’t wait to see how this move will be positioned.

I’m a black woman who worked at BNY for appx 100 days - passed the probation period - and was let go with appx 8 months severance. (I suppose $ for the rest of year budgeted
for the role.) Every case is unique in using the legal route. Every case is different with respect to severance - I don’t care what the policy says. There are legal folks reviewing everything case by case. There are loopholes to everything. Like the WARN notice - you can play how you distribute employees in being let go. As others have mentioned here - put you on a PIP and do the dance.

In my case, I knew that my boss was racist by the end of Day 1 under him. He thought he could disguise it with me and also check his diversity box. Wrong. It was clear we were not going to work out. And it was clear I was not going to leave without $ on the table because I gave up other opportunities for that role.

I started documenting positive dynamics/wins with vendors, program stakeholders, peers, and outside departments. I was very cheerful and showed up to work sharp. I was in before my boss and left after every team member. I was in every day of the week. I guess you can see where I’m going with this? And to add the cherry on top - I told my boss in passing my battles with mental health. His eyes widened when I said that. I nailed the coffin. I knew he was trying to let me go on the basis that I was not a good fit or performance based and didn’t pass probation period. He had nothing.

I am nearly certain that he went to some godfather there and said new woman is not stable and a risk to the firm in order to get a sign off to quietly let me go with as much severance possible. He hired me so I’m sure he had to protect the narrative also.

Sorry BNY, your racist employees can’t exit me just because they don’t like my skin color. It’s going to cost you. And it did.

At this point I believe they are doing this no matter what to cut cost because they know something cr-ppy is coming and they are preparing for it. A 2008 level crisis or something similar and doing job cuts/offshore to india is one of the things they can control.

@ar absolutely its being done. They made changes behind your direct managers back and without their knowledge. Hr is also digging to find reasons too from badge swipes from old periods to courses or anything else they can locate

@ad im a manager i have paper trails, teams comments and conversations, emails you name it

@ad there is no severance for most of these job cuts because they’re illegally claiming they are “performance based” when that is likely a cover up for an illegal action. Thus why suing is necessary.

@ad open smart phone and record your conversations. It is not hard to get admission and proof needed.

I would suggest taking the conversation away from this monitored site by using an email that doesn't identify you. Maybe even WhatsApp.

You need paper trails. Hard evidence. Otherwise, sign the severance and move on. I hear you on how poisonous the place is. It is truly an aggressive cancer. However, they have the structures in place to take you to court and exhaust you. It will take years.

If you don’t have the documents / videos to show discrimination or illegal matters, I recommend you to use your energy to strategize next steps.

I wish I never signed the severance package. I should have taken them for age discrimination. The place is Cancer. Those 2 have Karma coming.