They have started the next round of layoffs without having to pay severance. They are cherry picking which employees are allowed to remain remote and those that need to report to either Lake Mary or Pittsburgh. Failure to relocate is considered voluntary termination / resignation by the Work Together policy. It doesn't matter if you were previously approved to work in remote location... The worst is inconsistent enforcement. Many people on team remote - only certain individuals given mandate to relocate. It should be illegal to consider it voluntary termination. If you are going to layoff someone do so.
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Such a disgrace. Absolutely no moral compass whatsoever. How does leadership live with these decisions? So glad I was lucky enough to escape the chaos.
...but BNY gives office workers free coffee...
We had someone just quit rather than go to Lake Mary. Who wants to sell their house at a loss to move there for BNY, when you could be offshored or laid off any time?
There are other jobs out there.
Code of conduct… come on! It’s a joke and a lie. Simply a cover for this extremely bad criminally run outfit to proclaim they try to instill honesty, integrity and oversight. We all know better.
BNY leadership has no moral compass. It is happening now where offices have been closed during covid or otherwise, people are then designated to work fully remote, then instead of laying them off and paying severance, they abruptly tell them to report to another office multiple hours away or face termination. Their Code of Conduct and integrity is a disgrace.