Somebody mentioned in another thread that some people were laid off without severance in one of the latest rounds - is this true? What's to stop them from suing the company? Because I know I would if that was to happen to me... As if I didn't have... — read more 

Even though I can’t say that I expect for things to get better in any way, whatever the leadership does, I’m curious to know what do you think the company direction will be after the new leadership takes the wheel. More of the same or something... — read more 

As expected. New head of HR tried to impress everyone with her “serious” analysis skills and how much work she did on the company before joining. After all, she is really used to working in a tech environment, not a BANK. With her moral... — read more 

BNY Mellon employees were today disabused of any quixotic notions they may have had regarding the clubbing-by-fabricated-review policy. They will, however, be permitted to receive their fabricated review in the convenience of their homes, since... — read more 

Everyone should provide honest upward feedback and HR should take these comments in consideration. Frankly, I wish it could be shared and reflected in the managers performance review. Yes, it may not be 100% but why should employees continue to... — read more 

Anyone hear anything on early retirement packages to be offered in December?

Anyone work in AIS? Has to be the worst division in the bank, toxic atmosphere and no plan, brutal systems

Anybody else hear the term for all payments regardless of seniority will be capped at 3 months starting in January? Are they expecting to lay off a lot more next year as cheaply as possible?

Have any ‘managers’ who lost their direct-reports as part of the spans and layers implementation argued for and then received SUB? In addition to job elimination and job discontinuation, there is also a clause in the plan that allows for SUB as part... — read more 

now that the Cs will be gone?

With Charles Schwab & Co.'s plan to ax just about 600 good American (wink wink) jobs and State Street's plans to almost 2.5K, it's stabler in custody on the lower rungs than at the higher echelons. This inversion of the norm may be an anomaly... — read more 

Don’t get me wrong, the last thing I want to do is defend him, but I tend to think that nothing will change now that he’s gone, which will ultimately prove that all of this was part of a larger policy to drive the company into the ground, and not... — read more 

How many CEOs are there at BNY? In a couple business lines I count nested CEOs multiple levels deep. Is this a resume padder or what is the business justification for this? Seems like an excuse to overpay for talent.

Anyone else suspicious about all the ‘rah rah’ e-mails that have been sent out since Friday and upcoming town halls/all hands meetings? Is there some iceberg in the water that our inept captain was steering us towards? God only knows how much CS did... — read more 

Richard Branson: clients do not come first. Employees come first. If you take care of your employees, they will take care the clients.

With many organisations reducing their physical footprint, does anyone think BNY will move to a central European hub? Prediction is a business centre out of Brussels with operations in Poland. Sales offices in Lux, Franfurt, London, Amsterdam... — read more 

but the circus hasn’t left town. Remember, the board hired this guy.

Hi - I am out of town and forgot to bring the number to call for sub payments. Would someone please post the number? Thank you!

In all honesty, does anybody think that whoever they put in the position of our new permanent CEO will be able to undo all the damage Charlie did to this place? I think that's an impossible task. We are past the point of no return - whoever takes... — read more 

A bit of reality....CS knew the writing was on the wall and jumped ship. The numbers are not recoverable. His plan was always short term as were the board. The slashing of numbers will continue and then a merger will be announced. Now all the people... — read more 

How is it that Chuck was so against telecommuting for BNYM staff, but he's doing exactly that by managing Wells Fargo (a San Francisco based company) from New York. Yet another example that shows the type of CEO and man Scharf is. Only... — read more 

If a company can not take care of their employees, do they really care about their clients? Americans need to follow the model of Germans companies by offering buy outs and early retirements. The lack of social responsibility shows how poor the... — read more 

Reading between the lines inside and outside of the company, there seems to be an early consensus that it's Gibbons's job to lose. Most of the Wall Street analyst notes are downplaying any noticeable contribution CS really made, pointing out that the... — read more 

Due to departure of CS?

Working in MA and a while back my bonus stipulated a 1 month notoce period. Is this enforcable? What's the clawback/payout structure on bonuses?

I've already made my decision, started looking, and now this happens. Now I'm thinking things might actually improve and I should reconsider leaving. Because I really don't think whoever gets the position permanently can be as bad as the last CEO. No... — read more 

I see so many people say that karma caught up with Charlie. I have to say, your definition of karma and my definition of karma differ significantly. I would call him getting a huge raise and going to an even bigger bank to continue doing the same... — read more 

I still remember the calls I got from friends at JP Morgan and Visa when Scharf first came to BNY. None of it was flattering but they were polite about it. After 2 years of Charlie, oh boy did I wish I had listened to them.

We can't be consumed by our petty differences anymore. We will be united in our common interests. We will not go quietly into the night! We will not vanish without a fight! We're going to live on! We're going to survive! Today we celebrate our... — read more 

He gave his team less than 24 hrs before resigning.... he gave assurances that he wouldn’t be leaving this year.... Twitchy-finger Todd seems to have been caught off guard. In the article he says he will continue Chainsaws plan.

Sure BNYMELLON hire me back under a contract and double my old salary. Because that’s the only way I would come back after the way you treated me for being a loyal hard working employee! I hope the company tanks!

He didn't finish anything he started. The company is very nearly crippled now, and we have Charlie to thank.

$23 million! Disgusting for what he did to... — read more 

Paramount to the success of this company is the need to retain and bring back clients while simultaneously removing toxic employees both old and new from the place. There should be no stone unturned, no sacred cows, no favoritism - the branders must... — read more 

Eagerly waiting for the 3rd Quarter results This reminds me of Thanos wiping out half of BONY. The damage might have already done .So who is winning and who is actually losing when most SME's have already left . We cannot go back in time and change... — read more 

So, let's look at his time at BNY Mellon. He comes on board July 2017. He helped create an environment that's been nothing but stressful and miserable. He saw to it that many long time, hard working, knowledgeable people were let go and ruined... — read more 

Charlie is the poster child for me! me! me! 'leadership'. He is loyal to his wallet, and nothing else. But what else would you expect from his kind?

Karma

As one of the oldest CFO's on the street and a BNY Mellon veteran, it is my thoughts that Gibbons is perhaps one of the best things to happen to BNYM in a long long time. Are things going to change? Probably, probably not. BNY Mellon has been... — read more 

Bridget, don’t get to comfy now that Chuckie is gone. You might want to pack your bags as well. He needs help at Wells Fargo to shred them them to pieces.