Thread regarding Bank of New York Mellon Corp. layoffs

Pennington Site Closure - Zero Communication Since October

Does anyone have any info regarding what they plan to do with those folks who are currently based in Pennington? Will all be forced to Jersey City or NYC? Will there be a new site in PA that is an option? Will some be let go when the site closes? What happens if your new assigned location is not a viable commutable option? I know that BNY doesn’t care about those impacted so they are in no rush to provide any info, but it would be great to have some details so people can plan their next move.


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| 11 views | | 8 replies (last March 31) | Reply
Post ID: @OP+1kmwt3cfd

8 replies (most recent on top)

Are they giving options of where to report? I have not heard anything from my manager.

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Post ID: @kv+1kmwt3cfd

They don’t know what they’re doing. Sounds like they’re trying to open up an office in the KOP area with the same or greater capacity as Pennington to simply move everyone there. Or ideally for them, much less than everyone; the others simply laid off or “fired” if they can time the move properly.

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Post ID: @fh+1kmwt3cfd

They can’t announce anything yet because rumor has it that they still have not signed a lease for a building in PA. Poor planning as usual. God forbid they give any advance warning to employees. Completely disrespectful but did you expect anything less.

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Post ID: @ca+1kmwt3cfd

Still waiting on that email.

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Post ID: @az+1kmwt3cfd

Just curious

What are the options provided? The email communication may be limited to only those who are currently assigned to Pennington. But that will give an idea for those who are on the edge (former KOP members who are WFH) as the commute to a non SE PA location basically means "fired" status

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Post ID: @ay+1kmwt3cfd

My manager asked my preference for location cause it needed to be submitted.

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Post ID: @ap+1kmwt3cfd

Or maybe not yet adults…

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Post ID: @af+1kmwt3cfd

Please read your emails. You are all adults.

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Post ID: @a7+1kmwt3cfd

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