Thread regarding Bank of New York Mellon Corp. layoffs

Finance

FInance undergoing major upheaval targeting 25 % and being achieved via force rankings to avoid severance payments. How is this legal? Nevermind unethical but Dermie doesn't really care.

People are getting fed up and just leaving too. Shame on the managers that don't have a backbone and push back. Note to managers, you are next to go, Karma is a bi--h.


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| 20241 views | | 7 replies (last November 7) | Reply
Post ID: @OP+1k953nra4

7 replies (most recent on top)

Its not legal. Issue is if people don’t challenge and report them it continues. Im not talking just report within bny either. Definitely make sure you open a concern for record so if they terminate its retaliation and grounds to sue but contact attorneys , state reps, states eeoc. All of it. I think there could be a class action lawsuit

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Post ID: @vf+1k953nra4

Finance as well as business management are in severe trouble.

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Post ID: @r8+1k953nra4

@OP They cannot do much. It is either their job or the employees in the group. There is not much of a choice

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Post ID: @r6+1k953nra4

If you’re 55 and above you are on the HR secretive list and will be axed

When will they get rid of all the dead wood in HR? There is plenty there

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Post ID: @be+1k953nra4

Its not just finance that has to got 25%. They messed with alot of teams and changed staff ratings after mgmt entered them to lower them and hit that number

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Post ID: @b7+1k953nra4

Don't be fooled! The Clown Car to Potemkin Village is still en route with RV and Dermie leading the way! Their site presence matters little since character and integrity are the real leadership qualities they fail to possess.

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Post ID: @a8+1k953nra4

How about the FLOD group? They always seem over staffed

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Post ID: @a6+1k953nra4

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