Thread regarding Bank of New York Mellon Corp. layoffs

A Milenial with some advice -- for what it's worth

Reading these threads about people losing their jobs, healthcare and suffering from crippling anxiety is f---- heart breaking.

But, listen, the economy in which you went to school, got a job, worked at said job for 10+ years, and based your entire value system upon is gone.

I went into the job market post 2008 and was unemployed for over a year after graduation, was laid off twice, and never held a job from more than 2 and a half years -- a typical millennial worker.

I come to work every Monday morning without any illusions that my job is secure, or that I am 'safe'. I am always aware that I can see that HR email at any hour of any day at work, and I am always looking for the next gig. I have no loyalty to my manager, no confidence in the CEO, and 0 loyalty to BNY or any other company.

You might say that I am at a different stage of my life, with a different set of priorities and responsibilities, and that my experience does not mean sh--.

Ok, but, you need to accept that this is the new economy, and you need to come up with some kind of plan.

I wish all of you the best of luck.

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Post ID: @OP+ZaU15p3

7 replies (most recent on top)

I agree 100%. It’s a new workplace out there! We need to constantly upgrade our skills and reinvent ourselves for new job opportunities. Get out of Banking! It’s a dead end industry. Will all be automated very soon. Young people are smart and see what’s ahead of them. They will have no loyalties to a company because they know the companies have no loyalty to them! It’s all about making money for shareholders and screwing the workers.... that’s the sad future for our kids! Good luck to all!

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Post ID: @kaf+ZaU15p3

Your absolutely right. I feel sorry for anyone coming into the workforce now. It was much better when I started in the 80's, and I actually enjoyed what I did back then. I told my son to stay out of banking. It's a dead business. Ops will be all automated and invt side as well with etf's and index funds outperforming so called professionals.

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Post ID: @qtn+ZaU15p3

I don't think you're sharing any sage advice or words of wisdom. We all are well aware.

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Post ID: @jwy+ZaU15p3

I'm a millennial that was laid off in January. I agree with the OP. Times have changed, I had horse blinders on for a while and alas I'm here. Making changes to better situate myself now. I am trying to transition out of finance/accounting. Good luck to you all!

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Post ID: @oqu+ZaU15p3

Folks,

The OP is absolutely correct in stating this is the reality of the new economy.

This isn’t really all that new either as I can remember the paternal and provincial structure of big companies falling out of favor as early as 1990.

Workers today need to keep their skills fungible and transferable across functions and industries.

This requires an individual to be a continuous learner and resiliency is key.

Age is only a factor if you let it be as I’ve seen people in their 40’s, 50’s, and even 60’s with tenacious attitude make significant transitions.

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Post ID: @qaf+ZaU15p3

Millennial

(sorry, just FYI)

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Post ID: @ryf+ZaU15p3

Finally....someone who gets it.

Bravo.

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Post ID: @osz+ZaU15p3

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