Thread regarding Bank of New York Mellon Corp. layoffs

I feel so cheated

I work in a global team of about 7. I've always done pretty well during annual performance reviews, but as of the past year or so, I've really gotten out of my comfort zone, taking various stretch projects and I feel I've really built my reputation with most of my stakeholders. In 2023 alone, I led some important transformational projects that had high visibility.

I really thought I was going to get promoted to that next level, but instead they gave it to another teammate who is highly overrated. Although she is pretty good at her job, she's not one to raise her hand when complex projects come up. To make matters even more interesting, she was on maternity leave for 11 months. When she came back, it was as if we had a new hire because so much our processes have changed. How do managers handle that situation with performance ratings and long leaves of absence? I mean, it shouldn't hurt reviews that people take their legally allotted paid time off, but how would a manager reconcile someone who worked the full year and got results vs someone who only worked for a few months in 2023?

I do think our skip level manager plays favorites with some on the team, but this feels like a major insult to me and others on the team who picked up the slack. It's possible this colleague was at the lower end of the pay range, but I am, too. It just doesn't make sense. Needless to say, I'm done with this place

Based in UK if relevant.

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Post ID: @OP+1so2JoK8

9 replies (most recent on top)

EP?

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Post ID: @2vwx+1so2JoK8

EP culture is here and rotting us from the inside out.

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Post ID: @2fnz+1so2JoK8

I get the cherry pick comment. They put certain people in positions where they will succeed and promote based on that

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Post ID: @2mcx+1so2JoK8

: @2djr+1so2JoK8, her van clef necklaces and comments really are in poor taste, considering most of the staff is overworked and underpaid and fearful of unemployment!

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Post ID: @2hqt+1so2JoK8

I do feel bad for those laid off. I’m sure there’s more to come, especially in those locations that are not part of the growth centers. However, EPs most recent email reflecting on their culture, who they will hire (and presumably get rid of) made me hopeful for a change. Like who thought that was a good idea? Even the EC needs a filter.

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Post ID: @2djr+1so2JoK8

@1cum, I assume it means diversity includes everything except straight, white men from Oriskany.

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Post ID: @1xlc+1so2JoK8

WTF is Cherry Pick culture? Think you’re mangling your memes…

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Post ID: @1cum+1so2JoK8

I left four years ago, because I got disgusted. Clearly nothing's changed. Failure is embedded in this bank's culture, courtesy of the incompetence at the top!

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Post ID: @equ+1so2JoK8

Cherry pick culture at bony has destroyed many careers in the past and don't know how many careers will be destroyed in future. I was a victim of this toxic Cherry pick culture here until I found a way out of this Cult of bony last year.

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Post ID: @nhj+1so2JoK8

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