Thread regarding Bank of New York Mellon Corp. layoffs

Open reqs

How many of you are feeling the heat thanks to reqs being held off on getting filled so the bank can save money each month? That mixed in with you can’t fill in your location makes a good combo

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Post ID: @OP+1n5trKUJ

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I worked for another bank, and when they decided to outsource our department, they found positions in other departments that had openings with similar pay that we are qualified for within the bank, and gave us the option of taking those jobs… So it does happen if you work for a company with some compassion and morals

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Post ID: @7wol+1n5trKUJ

@7rhw

Dude… I wants some of what you’re smokin’.

“yeah, real companies would offer other positions to someone when their current position is eliminated. Not BK though.”

When employee costs are way out of whack with competitor banks, as they are here, why the heck would BNYM offer new positions after cutting costs through layoffs? Think of it… we’re way over on employee costs and you want to fire and pay more for new hires? That’s cray cray.

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Post ID: @7dgu+1n5trKUJ

@1ias, yeah, real companies would offer other positions to someone when their current position is eliminated. Not BK though.

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Post ID: @7rhw+1n5trKUJ

@1joe

The savings don’t “Go to Robin.” The savings go to our shareholders.

Allow me to guess… University of Phoenix grad?

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Post ID: @6nrl+1n5trKUJ

I was laid off in January and as I was job searching found new recs in my same role and was even contacted by a recruiter trying to fill a BNY position. It was a kick in the pants considering that I and several others I knew were laid off.

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Post ID: @1ias+1n5trKUJ

Managements solution - longer days & more miserable workforce. & the savings goes to Robin.

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Post ID: @1joe+1n5trKUJ

Why would we fill reqs when we need to layoff?

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Post ID: @1ktb+1n5trKUJ

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