Thread regarding Bank of New York Mellon Corp. layoffs

What’s going to happen to all the people that were hired as based at home?

Come September

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Post ID: @OP+1lXPHhMF

30 replies (most recent on top)

The great thing about this site is that you can express yourself without fear of retaliation by the company. Of course @4kme+1lXPHhMF shows us the downside of that anonymity. Shilling or trolling.

I've had coworkers that have watched tv on their phone while sitting at their cubicle. Stop pretending that WFH is the cause when an employee slacks off. There are tools available to managers to make sure their staff members are being professional.

One troll stating that he watched Netflix all day at home is not the reason for the push to return to the office. It is all political and anyone that doesn't see that needs to wake up.

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Post ID: @phhx+1lXPHhMF

@cei

We’ve certainly been there for a long time already; ever since 2007 when we were acquired and promptly lobotomized.

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Post ID: @orsp+1lXPHhMF

@4hut

Your manager is a bit of an id--t. Ops Supervisor/Team lead right? Certainly not a manager.

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Post ID: @8zgq+1lXPHhMF

@5sct

Why in the world would you challenge SUB, the sole competitive benefit that we have left?

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Post ID: @7rfn+1lXPHhMF

Likely they’ll become commuters?

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Post ID: @7oxm+1lXPHhMF

4kab+1lXPHhMF - and they make sure the cover their azz and find loop holes everywhere they can. Even right down to giving separation packages and having you sign you won’t sue to get them . Has anyone ever challenged them ?

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Post ID: @5sct+1lXPHhMF

@4kab "Your employer can change the job requirements at anytime so if you were hired for a remote role, they can say the role is now hybrid or fully on site. They won't necessarily fire you but obviously if you live 300 miles away, you won't be able to support that role any longer and will be forced to quit. "

Not true. An employee who was hired to work under specific conditions, in this case working at home, would still be able to perform the job requirements they were hired to do. If the company removes those conditions, it's no fault of the employee. The company would need to terminate the employee then.

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Post ID: @4fip+1lXPHhMF

My manager told me that if and when we RTO 5 days/wk that the entire company will work better and the stock price may improve. Not sure I believe this!!

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Post ID: @4hut+1lXPHhMF

Of course the bank can change your job requirements. But you can collect unemployment if they quit because they're forcing you to commute for hours.

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Post ID: @4sic+1lXPHhMF

Not only new hires, a lot of vets switched over in the last few years.

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Post ID: @4koz+1lXPHhMF

@bzo

You’re confused between the state of New York and the Bank of New York Mellon.

The Bank of New York is an "at will" employer. It has nothing whatsoever to do with New York State laws. It’s simply that every employee without a formal employment contract is an “At Will” employee. This is pretty much 99.9% of us. In the U.K., as always, employees have tremendous protection and can, and do, beat the heck out of the Bank. Just look at Manchester… do you think that we’re gonna hire much there? I think not!

Your employer can change the job requirements at anytime so if you were hired for a remote role, they can say the role is now hybrid or fully on site. They won't necessarily fire you but obviously if you live 300 miles away, you won't be able to support that role any longer and will be forced to quit.

These are smart people and they are structure in the deal that they will enforce.

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Post ID: @4kab+1lXPHhMF

@4chd

But we did had several years… two FULL YEARS in fact to prove (not provide) that productivity didn’t suffer while WFH. It turned out that while you MAY have had a work ethic, most of the WFH employees screwed off. Like the guy who bragged every day here about binge watching Netflix.

These are our coworkers. You certainly can’t blame Robin.

I was shocked that we started hiring permanent Based from Home employees.

If you have more to say on this topic soon…. I’d love to hear it.

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Post ID: @4kme+1lXPHhMF

@4chd, ask this manager why there are so many remote jobs on indeed for BK.

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Post ID: @4dyu+1lXPHhMF

I heard from a manager that they are prohibited from hiring anyone who is Based from Home. I may have more to say on this topic soon. If only we had had several years to provide that productivity didn’t suffer while WFH …

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Post ID: @4chd+1lXPHhMF

Listen dinosaurs, there's no need to be in the office more than 2 days. People and productivity thrived while WFH.

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Post ID: @2knl+1lXPHhMF

Don’t know what they were thinking with the permanent based at home employee hires. It’s simply driving a wedge between teammates.

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Post ID: @1wgu+1lXPHhMF

I left 2 years ago for a wfh job. My company thrives. Forcing employees to commute everyday is taking away their freedom. I refuse to EVER be told I must come into the office!

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Post ID: @1dip+1lXPHhMF

Saw a good quote the other day, not sure who said it but goes something like this.....you are replaceable at work, but you are not replaceable at home. Home is where your life is, not at work.
My takeaway from this is, pity the poor ba----ds that think its all about the work. All those hours you put in will be forgotten in a few months by anyone who knew you. You'll never get the time back with your family. Public owned corporations couldn't care less about you or your wellness, its all about the money.

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Post ID: @1cmp+1lXPHhMF

@1ksn

Of course, those extra hours are wasted commuting… 3-4 hours round trip for many. Years of their life wasted spewing needless pollution into the atmosphere. Do you really get back any time for you?

And now you have the cost you mentioned. Easily $500 per month for some. You’ll never cover that bump in annual ‘merit’ raises.

Better to discipline yourself and set your own boundaries, than embrace the familiar chains you used to know so well

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Post ID: @1gns+1lXPHhMF

I welcome this.
Working in the city - Your day is defined.
Get in 8AM (730 or 830) and leave by 5PM. Blame it on the Transit time tables.
You get your ONE HOUR Lunch break and may be a walk around the block.
I have my time with the family. No WORK after 5PM (or once I step out).

The last 2.5 years of WFH has been he-l. Personal life is lost. During COIVD one can accept this for personal safety. But now ...? Sure, It does save a chunk of $$$ in terms of commuting costs but the price one pays in terms of lost time / freedom makes it a bad, vary bad deal. In fact, the firm is losing those extra working hours it is harvesting from us especially from technology.

I am really looking forward to 5 days at work

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Post ID: @1ksn+1lXPHhMF

@bzo, and you would qualify for NYS unemployment.

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Post ID: @psr+1lXPHhMF

@pcb+1lXPHhMF - No "Forcing the employees to come to the office" is NOT work. Work is Work. Going to the BNYM building (office) is called commuting. I assume you are conflating the two because you don't get the nuance that employees canWGH as much or more effectively then they do from the office. Perhaps you're one of those who can't control themselves and watch streaming TV or something while the rest actually work more hours at the tails of the day due to more time without commuting.

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Post ID: @vle+1lXPHhMF

@fjs it’s moving to 5 days a week in 2024

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Post ID: @eaq+1lXPHhMF

Forcing employees to return to office is called work.

We are all at will employees. Absolutely nothing keeps you from leaving.

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Post ID: @pcb+1lXPHhMF

Not that I believe these liars but the FAQ document states there is no plan to move to 5 days in office for the hybrid employees.

Again. They lied about moving from 2 to 3 days right up until they announced the change so I’m not banking on their honesty nor integrity…..

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Post ID: @fjs+1lXPHhMF

New York is an "at will" employment state. Your employer can change the job requirements at anytime so if you were hired for a remote role, they can say the role is now hybrid or fully on site. They won't necessarily fire you but obviously if you live 300 miles away, you won't be able to support that role any longer and will be forced to quit.

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Post ID: @bzo+1lXPHhMF

Quite simply, it's a bad strategy, as it's a race to the bottom. I write that because good people will find other work opportunities supporting their lifestyles, whilst others who are not proficient nor employable will not and therefore stay at BNYM. Hence good people leave, bad people stay and the overall effect is great number of substandard people at the company.

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Post ID: @cei+1lXPHhMF

Forcing employees to return to offices is a tool many CEOs have used since Yahoo (under Marissa Meyer) and IBM among others to drive attrition (i.e., not having to pay severance).

And regarding "to commute to nearest BNYM facility", many do not have all functions there and they will probably not receive BAH workers from a function not supported in their offices.

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Post ID: @zqp+1lXPHhMF

Maybe it is a bluff to drive attrition?

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Post ID: @qsu+1lXPHhMF

They will be told to commute to the nearest BNYM facility. That has happened before in the CS era. Alot of good people quit before CS saw the light.

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Post ID: @hkd+1lXPHhMF

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