Thread regarding Bank of New York Mellon Corp. layoffs

@wwg

LOL you are so delusional…

It’s so easy… simply terminate all of the RTO refuseniks before lunch and hire better in the future.

@OP
Gave a list for Jan. The volunteers got on the list. It was simple as that. There are quite a few lining up who want to get the package and leave ( before the package gets modified and shrunk). They also fear that there will be more PIP and firing than providing a package as Wave 4 and Wave 5 rolls in

So no need for this made up "forced ranking" BS. There are more folks lining up than required

If I understand the OP, they are saying this manager is keeping the less capable people while letting go someone who has better skills. Logic used by such managers is these higher skilled people may be able to find a job somewhere else easily.

@1twj+1vZUixEx
Who to cut under the revised provisions given? Simple. Use the same requirements that were used to hire them in the first place. But now in ‘reverse’. So, if we are closing offices in say Houston, just come out with that. Let employees and public regulatory agencies know in advance just like the law insists we do. And if its attrition, bit by bit, go by least seniority or a mix of new and senior to meet targets and money goals. Use LIFO and FIFO on employees as needed. And grant the managers in these locations a measure of self rule and authority to do so. Charity? LOL,,, of course corporate America , the UK and Canada etc are not charities. But you know something? The company put these people here in it’s infinite wisdom and it hired them to do a job. Many of these people did well for many years and decades. And what now? Somehow they su-ck??? No. Be a good manager and communicator with honesty and integrity in your field. Now that the job / mission is over, be ethical and working within the law and not ‘using’ the law to hide behind it. This seems to have worked miraculously great for IBM, Amazon, Google, Microsoft, GM, Ford, Toyota etc. people got packages and full govt assistance where applicable. Only fly by night, illegal and unethical places use meritless tactics to eliminate people like they are behing on loan shark payments. Only companies that are actually in trouble do things like this. Only companies that do not expect to last for very long and are willing to renege on fiscal responsibilities do that. Even the greatest organizations or teams ever will have lesser performances by individuals but by what metrics? What rubric? It’s like saying Roberto Clemente had the least hits of the 3000 hit club so therefore, he’s a bottom performer… what nonsense. What we see here is not managing. Not honest. Not ethical. Not professional and certainly not constructive.

@1sle+1vZUixEx
Yeah sure Pinocchio. Tell us more lies

1uoq+1vZUixEx
Who died and made you Robin V of this layoff blog? LOL, you must think this is a BNY HR meeting. Here ideas, thoughts and experiences are shared and appreciated. You apparently are not capable of this. The poster was 100% correct and you can’t even address any of their points. You are a typical adolescent with no communication skillsets.

@1qfd+1vZUixEx

How about good old fashioned truth along with ethics and valid business reasons. If you are eliminating positions in one place only to hire the same elsewhere in cheaper locations, be upfront and truthful about it. Why wreck people’s resumes, careers and mindsets? If you are changing your business footprint and mission, be upfront and actually manage it instead of hiding from it and being untruthful. Lastly these are personal management plans. Which means its about you, your goals,
Your performance. Not how you stack up against others. You clearly do not have professional, moral, ethical or managing people skillsets if you believe in relying on forced rankings as the go to.

1uoq+1vZUixEx
Nah gimpy, its you that does not meet expectations. And you are just bu-tt hurt that your B. S. Has been called out and ridiculed here. You will go extinct here soon.

@1qnz+1vZUixEx
—-When they say reduce your teams by this 10%, Again we have no choice , you start reviewing who is the most beneficial to keep. Thats how decisions like that get made.—-

Bingo. This is EXACTLY what has been going on. And the worst part is we are essentially being ordered to eliminate people in this manner due to forced rankings and lying about performance with hyped up bogus reasons. This is an extremely toxic environment that RV encourages. We are managed by flying monkeys.

@wwg+1vZUixEx - you really shouldn't speak. You sound like a bitter employee and definitely not a mgr. Angry cause your performance has you not meeting on your EOY? Bet thats it huh? Take a seat and take notes. You might actually learn something that saves you from being let go

As a manager , there is no say when it comes down from senior mgmt which is often the case. Unless you have performance and attendance issues then you set your own destiny there. You have to remember bny covers their a-s so they have to give reasons even bs ones. Its not that your role is being eliminated. Its being moved somewhere cheaper like india. But they cannot tell you that without facing a lawsuit . When they say reduce your teams by this 10%, Again we have no choice , you start reviewing who is the most beneficial to keep. Thats how decisions like that get made.

Sometimes managers have a say and sometimes they do not. When they do, there are a myriad of considerations. First is always performance, followed by workloads, client and internal relationships, adaptability to change, are they a team player?, are they dependable?, etc etc. Also, is the person retiring in 3 months? Makes sense to cut that person loose. It’s never easy to be the messenger of this news. Sometimes it’s an easy decision and most of the time it is absolutely not.

I see the RTO Hater is back.

Your "cut theory" is totally off-base. Every manager thinks they are a big asset to the corporation, so they tend to keep the people they perceive to be the most like themselves.

@jou+1vZUixEx
——It keeps all of the productive people.

It accurately pinpoints the worst

If frees up the budget to hire better employees.——-
Hahahahhaahaha … Thanks for the laughable steaming brown mess you posted and rub on yourself. The only thing you got right is the forced rankings which everyone here pointed out. You are definitely one of Robin’s moonie cult bots. Hahahahha

Original poster.
Some facts for you.

1. ) your manager is not paid to ‘think’ under this current regime. Your manager is told what to do and when.
2. ) selections are based on age - older workers with benefits or those getting matches etc. , higher salary, location. Also, people who are ‘thinkers’ and question authority as per point 1 are shown the door. The poor excuse of a management doesnt like being challenged.
3. ) Fair? Surely, you jest! There is nothing fair here anymore.
4. ) Help the firm- Besides layoffs and using ratings as an excuse, This firm shows it’s ugly face with the training it does not have and does not give. Oh, they like to call it training but it isnt. We have a culture of ignorant managers and ignorant technicians. People are expected to come here already trained, then work for a couple of years then leave. This firm does not want help here either. Only India and its revolving door of ‘freshers’ will do.

Lastly, your manager cares zero for you. Only themselves. And good jobs are not ‘easily’ found either. If they were, this place would be a deserted island.

It’s more like who’s based in a high cost location. You’ll see a lot more of those getting reviewed as group 5. Or anyone who has a long commute, planning family changes, etc.