Has anyone heard anything about layoffs today in Pittsburgh yet?

Such a shame

BNY can no longer compete in UK/Ireland. Reputation destroyed by the way they treat staff. Big cuts this week and one (minimum) location being cut in each area. Best of luck to all...hope you get a good package (everyone is praying for a pay... — read more 

https://twitter.com/TheLayoff/status/1163477849895948289

Regardless of how prepared you say you are to being let go, or how much you are hoping it happens to you. Just know that if/when it happens to you, you won’t be prepared at all, it will be a major shock to your system. It is a truly stunning and... — read more 

I’m at 240 Greenwich and there are definitely lay offs happening as we speak. There are numerous security guards on the 10th floor and one elevator open and waiting to escort people straight down to the lobby. The perp walk!

Just heard someone from my wife's team got laid off and more meetings are being held with her team.

I am working at it today but was going to wonder are there will be the layoff today? And, if so, where will they be hit moreso than the others? If so I was wondering will it be a case when that some will be left off while others are free to be still... — read more 

Was there an announcement I missed?

Days when we are losing sleep because we know we might get laid off come morning... This seems to happen at least once a month these days, if not more often than that. How is this good for office morale? Our productivity? And most importantly... — read more 

Prepare for upset today ... its began.

This is certainly not good but we only fool ourselves by thinking that BONY is typical of “layoffs across the industry right now.” Competition has always worked this way. Some banks successfully managed the disruptive changes in technology over the... — read more 

What you are seeing at BNY and at many other organizations is a simplistic strategy to cut operating costs. Automate: identify and define tasks currently being done by manual labor and automate them Outsource: whatever cannot be... — read more 

If you get let go or not, hopefully it's what you want.... Me personally, I hope to start my paid vacation tomorrow

Please go to your local media after you are displaced. Your package will say if you go to the media we will hang you or something but no reporter will ever out you. People must know what is going on at this disgraceful company. I wish everybody the... — read more 

I do not understand the purpose. What do they do???

Chuck is eating filet and drinking cognac laughing it up at his county club in the Hamptons while many of 'us' are worried if we will still have a job come Monday. And based on his arrogance he has shown, he will have no remorse about ruining... — read more 

Reply if you have been laid off in August

I’m sure this has been violated somewhere https://www.warnlawyers.com/Practice-Areas/Massachusetts-WARN-Act.shtml

From what I can see, only those who are within a few years of retiring are not bending over backwards to leave this place. They might not like it here any more than the rest of us do, but they're resigned to sticking it out. Everybody else is... — read more 

Time to clear out personal belongings, if you haven’t already. Invited to an impromptu meeting? Remember to take your personal belongings with you, because you might not be able to go back to your desk before being escorted out the door. Above... — read more 

So a couple days before a huge round of layoffs is going to occur the “Pittsburgh family Christmas party “ is announced - Yipppeee! And then the lemmings comment about how awesome this is Jan & the great job the “Pittsburgh engagement team “does... — read more 

Is it true if you get a BE you do not get a package? because you are underperforming they can just terminate you.

We normally get paid on August 15th. I saw my paycheck pending and now on August 16th it's not. Are they pulling it back, isgn for those being laid off?

BNY just enrolled me in a certification series for new hires although I’ve already worked here for many years. I hope they don’t roll back my salary...

I’ve been doing my worst at work, openly browsing non work-related content on my browser, and generally being a bad employee. Got the BE as expected. I’m planning to quit anyway and will be very disappointed if I don’t get a paid vacation. Anyone... — read more 

I was able to get back in, but the timing of the lockout is fishy. Perhaps IT is prepping to lock out the future layoff victims and some glitch occurred on their end. I’m BE and fully expecting to get the axe on Monday, by the way.

Benefits Guide http://www.bnymellonenroll.com/bny-actoe-guide-print-111016a.pdf

“They can k–l you, but the legalities of eating you are quite a bit dicier.” — David Foster Wallace Humor is excellent, and free, medicine. Don’t let a job or a review define you. They don’t. Only what we know about ourselves matters. Best of... — read more 

Anyone hear story that offices and specific business lines in europe to close...potential sale of some? This seems to be circulating a bit at the moment.

Based on the content of the recent posts, it's conceivable that many of you have been targeted, based on age-discrimination which is a federal offense. Form a Facebook group, for instance "BNYM-Lawsuit", create anonymous accounts to protect your... — read more 

There was talk last year that Goldman Sachs could buy BNYM - any chance that can still happen? Lately, it feels like we might be being prepared for a sale - only there are no new rumors surrounding a potential buyer. I might be very wrong about... — read more 

I was with bnym for 20 years. Ran a large group. Moved around when needed. Took on added responsibilities. But it really doesn’t matter. Although I had a history of meets and exceeds expectations received 2 BEs before being let go. Was it my work?... — read more 

I work in GIA and got BE thank goodness! If I don’t get laid off I’m going to be p-ss-d that’s all I got to say. Been praying for this forever!

Mgmt telling Brooklyn office don’t worry about the major ETF client leaving, we are onboarding new client and your jobs as safe. Is it believable ?

Has anyone heard if TS will have layoffs? I got BE for mid year and I had it for my year end too (despite not being here for the fourth quarter) and I’m wondering what my chances are. Honestly at this point I’d rather take the severance and go... — read more 

Welcome to the irrational world of performance evaluation by quota — where results precede analysis.

From what I can see, the earliest date speculated is August 19. Does that mean we are safe at least for this week? On a related note, how sad is it that now we measure our job security in weeks? I still remember a time when job security was a... — read more 

Charlie has forced out some great senior executives who spent their careers at BNYM and replacing many of them with suits from JPMC. I don't think that Jamie Dimon would be happy with losing so many of his "top talent" to a competitor, especially to... — read more