Thread regarding Bank of New York Mellon Corp. layoffs

Not meeting expectations because of not working enough overtime?

3 years ago when I interviewed here I was told very explicitly overtime was optional but apparently I am not meeting expectations because I’m not working enough overtime/holidays?? I guess it’s a wrap for me.


by
| 13021 views | | 16 replies (last December 5) | Reply
Post ID: @OP+1kbfy0jmf

16 replies (most recent on top)

  • update 2*

Was immediately pulled into a call with my director this morning and was let go with a 90 day severance package. I’ll be receiving the package details in an email from HR eventually but still technically an employee for December. I feel relieved, BNY was easily the worst company I’ve ever worked for and am excited to try something new.

by
| | Reply
Post ID: @q2+1kbfy0jmf

What ki-ls me is the boss picks and chooses when they want to be in charge. Roll up a sleeve and do it yourself.

by
| | Reply
Post ID: @pn+1kbfy0jmf

@m1 the message given is to do this when they will tell you that you are being terminated

by
| | Reply
Post ID: @mh+1kbfy0jmf
  • update*

Manager told me to work remotely tomorrow and not come into the office without really elaborating, I kinda wish they would just get it over with if it’s going to happen.

by
| | Reply
Post ID: @m1+1kbfy0jmf

@bg you might be right, apparently my manager was calling my coworkers frantically trying to get someone to work Saturday but wouldn’t say why, hoping it’s something else but that seems weird.

by
| | Reply
Post ID: @fj+1kbfy0jmf

Very interesting that people solution reps are on these mgmt sessions literally saying there are no forced ratings and they are frustrated with hearing this. No bi--h there are and sr mgmt has also confirmed it

by
| | Reply
Post ID: @e7+1kbfy0jmf

I can't remember the last time I did any overtime. This is all just HR using any excuse possible to get rid of people in groups where they need to meet their layoff quota.

by
| | Reply
Post ID: @dv+1kbfy0jmf

Yes that’s end of the road. Take all of your sick leave, personal days and vacations. BNY will not compensate for unused time off. I went through this in March. I found a better job, better pay and better team members. Believe me the grass is in fact greener on the other side. BNY management is spineless, id--tic foolish , useless and incompetent. Probably the worst company in financial sector.

by
| | Reply
Post ID: @bg+1kbfy0jmf

@b3 the running joke on my team is “Wait there’s an HR department?”

by
| | Reply
Post ID: @b7+1kbfy0jmf

Unfortunately, HR don't care, I was told they are worried about their Jobs.

by
| | Reply
Post ID: @b3+1kbfy0jmf

What you all need to understand is that these are made up excuses to try to justify them forcing ratings to be below expectations to meet their quota handed down from the mo--ns above. Im telling you this as a mgr dealing with same sh-t after my team was altered without mg knowledge. And guess what? There is no pip. Its termination now . Document everything including calls . Everyone needs to sue, file complaints and anything else you can to raise awareness . People are being marked below for sh-t they cant even support they did including hr. Remember they work for bny not you. This is how bad it is right now

by
| | Reply
Post ID: @aq+1kbfy0jmf

@a8 yeah over 3 years we have hired 3 people including me for like the 8 who have been let go or retired, we are spread unbearably thin.

by
| | Reply
Post ID: @ab+1kbfy0jmf

This is so easy to flip on it’s head and destroy.
IF… you are having to work more and more overtime, it’s proof that you leadership and management are definitely not meeting expectations. It’s proof that an 8 hour day / 40 hour week are insufficient due to failures of leadership, support and tools. It’s a violation of the Bank’s acceptance and support of work life balance.
Further, it’s proof this company is in trouble and AI is really A-Lie.

by
| | Reply
Post ID: @a8+1kbfy0jmf

I’d file a complaint with HR just to have it on record. Maybe even contact your state’s EEOC office to check if terminating for refusing to work OT is legal. Most states are at will but it’s worth a look.

by
| | Reply
Post ID: @a3+1kbfy0jmf

I was told i wasn’t meeting expectations for taking annual leave (that had been approved) . I was told by my manager that someone of my level (SVP) should be willing to give up their annual leave.

by
| | Reply
Post ID: @a2+1kbfy0jmf

Just to add because I find it hilarious, I just worked every Sunday in October 🤷🏻‍♂️

by
| | Reply
Post ID: @a1+1kbfy0jmf

Post a reply

: