I wish the best for everyone here. I got let go last year and found a new job. I hope everyone gets out!
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@h9
You are not getting any severance.
They know you want out and you are going to be fired. This place is a hateful waste of time.
Yep, was laid off earlier this year right before I was to go on new parent leave. Thankfully got another position at a different company.
True. I've directly told my MD to put me on the list. They know I'm done. The only thing keeping me here is the possibility of walking away with a year of severance instead of voluntarily forfeiting it. I've raised it repeatedly. Nothing has moved.
My output has deteriorated and I'm fully aware of it. It's hard to stay engaged when every day feels like a slow-motion waste of life. RTO just pours fuel on the fire. Hours disappear into meetings that accomplish nothing except giving a room full of self-important technologists another opportunity to hear themselves talk. Endless noise. Endless posturing. Endless bullsh-t. It is an self-gratifying or-y, demonstrating whose hand is bigger.
The economics are baffling. They're paying people who have mentally checked out, extracting minimal value, and simultaneously preventing motivated replacements from taking those seats. They are burning both money and time while claiming to be building the best fintech in the industry.
Or perhaps they've already assembled a sufficiently large army of bullsh-t merchants and have no appetite to expand the roster further.
@ab I heard they aren’t doing the volunteering/raising your hand for layoffs anymore? Because I would have my hand up and waving like I was the know it all kid in third grade who wants the teacher to call on me to answer a question.
Same story here. Did a lot of great work at BNY and kept getting additional responsibilities and bo-m, suddenly let go after just 3 years in the firm. 6 months of job search and in a much more responsible job and being treated well. The money is a bit less but life is good
I left about a year ago on my own and went to another GSIB. I am so much better off, both mentally and financially. You don’t need to remain, you are marketable, you are so much better and don’t need this abuse.
To the OP, congrats on your new role.
@ad HA! I’m just picturing BNY employees having a Boston Tea Party moment but with laptops
@ab good luck. I’m thinking about tossing my laptop in the east river. They can fish for it if they want it
Im considering volunteering for layoff. I cannot stand this place anymore and all its doing is sc--wing with morale. Everyday its some new sh-t and im honestly sick of seeing hire new people with no experience at a rate close to mine or well above my teams
@OP congrats! I hope my day will come soon
What did you find a job in?