Is it one lump sum or bi weekly until it ends or we find another job
Outplacement Service
Has anyone that’s gone through the separation process with BNYMellon found any value in using the outplacement services that’s provided as an optional benefit?
Can they retract the severance package?
Can bnym retract the severance package if I was to ask for more
What is the sub pay by grade
I heard 12 weeks min for level J and K. What about level L and M? Does it increase by level?
Are 401k contributions being matched?
Are we receiving the match end of January?
Protracted layoffs distress
I hate this period of protracted layoffs. Nobody is telling us when it is going to end, so we have days of stress and uncertainty. You are doing your best to do your work/tasks, but it may be pointless. Halfway through you may be let go. There is... — read more
Stock price VS layoffs…connect the dots
If layoffs are keeping the stock price at a high, it’s really pathetic. Business wise there hasn’t been much and hence employees were chopped off, conveniently. If anyone is interested at all, link to results call... — read more
Layoff and got new role
I got laid off end of last year, few weeks later I found out that there is new role opening (lower grade) in the same department. I am so frustrated and disappointed on my manager who never help / think to redeploy me. People in bnym is nice but I’m... — read more
Question About My Bonus and 401K match!!
I got laid off on January 8. But my separation date will start on January 22 and last for 12 weeks. I just worked seven months with BNY. Because of my position, I got 12 weeks of SUB pay. My question is, Will I get my 401k match? My year-end... — read more
How much is the sub pay amount?
I worked 7 years and got 16 week is sub pay. I keep asking about the actual sub amount per pay period and they keep beating around the bush. Does anyone know if the SUB pay will be around the same (if not a bit more) than our regular paycheck prior... — read more
"Ask Me Anything" Town Halls
Is it me or coincidence that time runs out on the Town Hall meetings...so, we don't get a chance to "Ask me Anything" like feedback about the 401k match once the following year AND the accrued vacation not paid even if laid off (confirmed by HR) ? ... — read more
Older employees affected disproportionally
It feels like older employees have once again been affected more than other age groups. I'm talking about people over fifty. Has anybody else noticed this or is this just specific to my group?
Merit raise and bonus
Do they inform employees of both next week? Anyone find out early? Raises effective March 1? Do they retropay for first 2 months?
Life isn't fair
But it's not fair for anyone; so maybe that makes it fair. I was laid off in this round. It's a humbling experience. We can't control the things that people do to us, but we don't have to let those things diminish us. I've made a decision to walk in... — read more
Can you ask for more severance?
Can you ask for more? And ask for the bonus
Being laid off is not the end
After being laid off twice before, I just want to tell everybody who is now in a similar situation that you will be okay. Take a few well deserved weeks to figure out what you want to do. Review your finances to get you some idea of what you need to... — read more
I'm hoping it's not over
Not for other people, but for myself. I'm still hoping to get my notification. I'd rather walk away with severance than stay and have to work twice as much for the same pay - and I've already been severely overworked for months. If I'm not laid off... — read more
Bny going under
It’s on its way. Look at what all these senior people have done the last few years to this place and it’s getting worse . Now they’re selling and consolidating multiple locations . Hard up for cash while acting like they’re making profit . If that... — read more
Treasury Services is the new JPM
Thank you JB. Let’s fill the missing revenue now with your wise ideas
Hunger Games
RV is a slick one, doing rounds of layoffs throughout the week to stay out of the press. Was this one of the “pillars” to generate this make believe revenue? RV won’t last another year as CEO, and will forever be known for being a GS reject. — read more
Do we still get the bonus if let go?
Do we have that $100 bonus with our severance package?
Weather Related Wfh tomorrow PGH?
Anyone else getting a last minute push from management not to come in tomorrow because it's going to be "windy" ....Seems sus
They halved my team
How the fu-k are we supposed to get anything done?
Why do they always cut the wrong people?
All of us know people who deserve to be laid off. This is a fact. So how come they are never the ones who are getting the pink slip and the good ones are? It's no different this time. Does anybody here know one employee they believe should have been... — read more
No cuts today so far?
From what I can see, the layoffs have stopped. Am I wrong?
The lack of information
I hate that there is so little information available on the layoffs. We have no idea if it's done, how many people were hit, if/when it will continue... It's all a guessing game, and it shouldn't be like this. The leadership should communicate what's... — read more
AITA ?
I have been with mellon/bnym for 24 years and I am 62 years old. I am hanging on only for the SUB pay and unemployment . I beg to be let go....AITA?
Are the layoffs over?
I know it was happening throughout the day. Is it over or will continue the rest of the week
What severance package did everyone get?
Is it 2 weeks per year for everyone?
Today's layoffs tracker 24/01/08
Let's put all the info here, for easier tracking. If you, or anyone you know is impacted, please put the location, number of people and the positions being hit. I saw someone mentioning North being particularly hit. Is that true? Good luck to... — read more
How are folks being notified?
Is it a 1:1 or something else?
Today's the day.
Good luck all
Key Dates
List dates for promotion/bonus/pay raise/layoffs Stick to the topic and truth only
Wilmington DE location
Does anyone have any info on the Wilmington DE location? We've seen it go down from 3 buildings to 2 buildings and as of 3/31/24, we will all be in just 1 building. I know they had the buildings up for sale but I don't know the status of that or... — read more
January 8th
Layoffs are coming
Eagle investments layoffs
I’m a software dev . Are layoffs going to affect eagle investments ? It was communicated to us not to expect the bonus and raise for this year. Any info on this
The following things doesn’t make any sense
GS let go RV and now he’s our CEO why would we need to hire an ESG individual expansion on WM
More layoffs in January
More layoffs coming January - rumors of between 5 and 30% in US Growth Ventures . Is this true?
Senior mgmt
They seriously must be blind to the mess they are making with this company and the turn over in between them letting good people go. It was never like this a few years ago and it’s terrible. Everything you could do to discourage employees from... — read more