Thread regarding Bank of New York Mellon Corp. layoffs

It is shameful the way management has been behaving in recent years

I'm sorry to learn about your situation. Unfortunately it has happened to so many people. I was a 20 year employee of BNY Mellon (Mellon and ABN AMRO Mellon) before I was laid off. It is shameful the way management has been behaving in recent years. Like other posters have stated - just try to look forward and take stock of the wonderful experience that you have to offer your next employer. One observation that I would offer is that in spite of a number of great earnings cycles at BNYM, the constant quest to lay off people continues. This has only accelerated since BNYM decided to self insure employees for health insurance. Watch how many people get laid off as they get older - there is a definite age bias here.

The OP is @YAcX9lv-1ttt

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Post ID: @OP+YC83wED

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The place is know as Boneyard where careers die a slow painful death...

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Did you know that you can reply to a thread without creating a new one?

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Post ID: @zxj+YC83wED

Do you know when BNYM decided to self-insure its employees for health insurance? Was it just in the last year or two? I was not aware of this strategy until I read about it here.

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