Thread regarding Bank of New York Mellon Corp. layoffs

Question regarding severance

I was told that you get severance if you at least had “meets” on your review(s) and you were laid off. I was also told you do not get severance if you had a bad review and/or were fired with cause. Is this true?


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| 9711 views | | 5 replies (last August 26) | Reply
Post ID: @OP+1k3gk2wwg

5 replies (most recent on top)

once you are marked below, right or wrong, you can be terminated for performance and are no longer guaranteed the severance based on years of service.

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Post ID: @da+1k3gk2wwg

yes now HR has put in the new forced ranking 25% required below expectation, they wont have to pay much in severance. It is the old 2024 started scam on steriods.

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Post ID: @c4+1k3gk2wwg

Sounds correct

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Post ID: @c3+1k3gk2wwg

That’s absolutely true

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Post ID: @bs+1k3gk2wwg

Correct.

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Post ID: @b9+1k3gk2wwg

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