Thread regarding Bank of New York Mellon Corp. layoffs

Partially Meets

Give it to me straight - how likely is it that I’m getting laid off if I just got a partial YE review ?

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Post ID: @OP+1w6PRayV

15 replies (most recent on top)

I think there are some variables 1) are you in a growth center, and 2) do you make too much money (ie NYC money).

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Post ID: @4huz+1w6PRayV

@1xli, unemployment isn't denied simply for not being able to perform. It's very, very hard to be denied UE in most states.

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Post ID: @2kwb+1w6PRayV

slip and fall on wet snow in lobby.....

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Post ID: @2alh+1w6PRayV

The only way I’ve seen PIPs used at this company is as the last stop on the layoff express.

Employees should have the chance to improve and recover.

But the truth is, you’re highly unlikely to recover from it, in the rare instance where it doesn’t lead to a near-term layoff.

In an internal transfer, the hiring manager would have access to your performance docs for at least the last three years. And the management culture isn’t forgiving. If I, as manager brought on someone with a blemished record and they failed, I would pay a heavy price.

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Post ID: @1jke+1w6PRayV

Last year got a partially mets, then put on the previous pip program for 60 days. Given unrealistic goals designed for to fail. Fought it, lost. Given the option between doing the psychotic 12 month rolling pip or getting severance. If they give you the option of the rolling pip, take the money and leave.

The 12 month rolling pip denies you promoting, merits, tuition assistance and if you take vacations it guarantees your end. Also if you fail even one of them you are fired with cause and get 0 unemployment insurance.

And also start applying like crazy. The market is finally picking up again so more options are out there, not amazing but way more than when I left at the start of the summer.

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Post ID: @1xli+1w6PRayV

I received a partial meets. Was laid off mid January,
Paid sub pay with health benefits until end of following January.

Was eligible for unemployment. Probably the best thing to ever happen .

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Post ID: @1dfr+1w6PRayV

The quarterback is toast!

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Post ID: @byv+1w6PRayV

You're likely to be rif'd for sure. I'm sorry. Don't take the pip plan either, if you are group 5 or below, it's just a matter of time. Start looking in the new year.

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Post ID: @gzb+1w6PRayV

At least within Eagle it means you will survive the January layoffs then let go during the April layoffs

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Post ID: @ilq+1w6PRayV

win+1w6PRayV
Look who is talking? Tardo him/her self.
Seriously, what the he-ll do you think is going to happen to this person? Show improvement? Hahahahaha… they could be a flawless robot and they are still going to be shown the door. Guaranteed.

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Post ID: @vku+1w6PRayV

I know of many people who were Pipped, work with their manager and became valuable employees. Period.

It’s PIP, not Pip and go and it isn’t a career ender unless you’re giving your boss the finger. But nothing would surprise me with our toxic employees.

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Post ID: @wwy+1w6PRayV

Its not a pip and go for all the tards saying that. You aren’t eligible for merit for one and they will most likely say your mgr has to put you on an informal PIP for 30 days. If you dont show improvement it would move to the next stage

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Post ID: @win+1w6PRayV

Informal PIP, and then gone.

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Post ID: @lmq+1w6PRayV

Not a victim of layoff but rather a future victim of a pip and go. (Which should be a pip OR go, but that’s not how it works here

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Post ID: @urt+1w6PRayV

It is not a question of ‘if’ for you.
It is a question of ‘when’ for you.
Start getting your job search and emergency savings in order.

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Post ID: @tjw+1w6PRayV

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