Thread regarding Bank of New York Mellon Corp. layoffs

12 replies (most recent on top)

@ta Sorry to hear that. Unless you are a new hire or at the top of your range, you should have received a base salary increase given the rating. Strange indeed.

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Post ID: @vc+1kg00gq7h

@ep 2%? I got zippo. And my review was fine - met all expectation. 0% raise, but a small bonus. Strange but true.

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Post ID: @ta+1kg00gq7h

Let’s summarize;

  • they created more top exec roles for themselves
  • they brought a new ‚strategy guy’ from McKinsey: more layoffs
  • they started the Travelling Exec program where the company will be paying for them living some time in London, some time in Dubai etc
  • they shifted some platforms to new top execs, creating even more chaos

Did I miss anything?

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Post ID: @fd+1kg00gq7h

What blunders?

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Post ID: @fa+1kg00gq7h

So between yesterday and today nearly everyone on the EC changed/expanded their remit and presumably added a few millions to their comp? That compared to 2% salary increases for staff…what a joke

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Post ID: @ep+1kg00gq7h

more psychopathic goldman and mckinsey cast offs, guess hel*l was full. The robbery continues

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Post ID: @ee+1kg00gq7h

JTC to retire in 5 years. He needs to stay on, xxxx Robins you know what and milk the company for every dime he can.
Expensive lifestyle and even bigger ego.
Watch how many boys club members retire at P.

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Post ID: @e2+1kg00gq7h

Were they on a Pip?

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Post ID: @az+1kg00gq7h

Thrilled that Pershing is getting a new leader. Fresh perspectives are often exactly what’s needed to move forward.

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Post ID: @ap+1kg00gq7h

It’s all as clear as mud. I tend to think that they are deliberately vague.

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Post ID: @a7+1kg00gq7h

Wonder if it's possible to buy or sell seats at the EC table? For whoever's leaving and those that remain. . . get help!

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Post ID: @a5+1kg00gq7h

Maybe someone on the EC will finally be held accountable for some huge blunders costing the company millions of dollars? Probably not. Just wishful thinking.

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Post ID: @a4+1kg00gq7h

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