Why no reminders from hr?
Poole Office Closure
Does anyone have the date when the office closure will be announced and when it is expected to actually close?
Rumor: Goldman Sachs is buying BNY
Probability? Thoughts?
Manchester Desks
Come on admit it who thought up this idea of everyone having to book their desks? Forcing everyone into 4 days a week now coming up with yet another way to sc--w us all over. Can you believe there is other places to work where you can just go into... — read more
What happened to retaining talent?
Thats all the state yet all i see is hood , knowledgeable people being let go and the clueless ones kept. What in the actual f-k is this placing thinking and how do they think this is the smart way to do business. Lets run the company into the ground... — read more
Liverpool office
Anyone got any ideas if Liverpool is to remain open? Lots of uncertainty at the moment.
A Joyful Compliance Folksong
(Verse 1) Oh the bald man arrived with a spreadsheet in hand Declared, “I’ll bring order to this unruly land!” He counts every swipe like a shepherd with sheep And tracks your logins while you’re fast asleep (Verse 2) He’s got charts for... — read more
Wfh vs in office staff
Glad they continue to show favoritism for in office folks when they created separation amongst staff. Lets pretend wfh staff doesn’t exist on any level except to pick up the dirty work, But lets continue to ensure in office staff get goodies ... — read more
Regarding lump sum severance
Significant tax implications receiving severance this late in the year. Is ther any way to negotiate a January 1 payment?
Why merge with us?
With the culture and functionality in such a poor state, why would anyone willingly want to join us? We will be a poison pill to any partner. Countless case studies exhibiting cultures like ours destroying their new host entity. Any higher-ups... — read more
Meetings are out of control
I swear, more and more hours are being eaten up by endless check-ins with no real purpose. Work slows down while we have to listen to pointless updates and calls. Everyone is rightfully frustrated over this - outside of those who have nothing else to... — read more
Layoffs today
I personally know one guy laid off today. Risk modeling.
25% Below
Does anyone have more info on how this will work year end? In particular, my platform in Manchester put an employee off track at mid year and she has just resigned. Does this mean that another team member must now get below or is it ok that we lost... — read more
Is there some kind of post layoff HR portal?
I got laid off and got no off boarding information today. My manager told me to hand in my laptop and expect to get my paycheck end of the month. I would like to get all my HR stuff like 401k details and my paystubs
Layoffs in Oriskany today
Not sure how many were impacted but know some in Global Payments were let go today all in favor of the needful. More good Americans now jobless because Robin Vince favors Pune scammers
Any news for Lake Mary, Florida
Almost 2 years ago, I saw news that BNY Mellon had planned to expand the Lake Mary, Florida office. Has there been any updates? Also what is it like working at the Lake Mary, FL location. Real answers please and thank you. I have no plans on... — read more
Question regarding severance
I was told that you get severance if you at least had “meets” on your review(s) and you were laid off. I was also told you do not get severance if you had a bad review and/or were fired with cause. Is this true?
AI Backup Plan
Does leadership have an AI backup plan? So many companies are realizing AI isn’t going to save them any money. It’s producing too low quality of code and is costing too much in compute. The biggest misconception for people is that AI is already an... — read more
Analysts & Interns
Have you all noticed the significant amount of leadership attention being given to our new analysts and interns lately? It's quite fascinating to observe this trend, especially with all the packed events in NYC and other locations. It seems like... — read more
BNY is completely lacking in both culture and leadership
There’s no sense of team spirit, no clear vision, and nobody actually guiding people forward. How this place is even functioning is beyond me.
100 percent a Pune and AI takeover
There is zero doubt. Not only did I already know this and have had discrete discussions with management, but I had the shocking experience experience of overhearing a very high higher-up talking about this situation to who I assume was a colleague in... — read more
associates in UK
they are useless. they WFH and put their status' as "busy" while they are at the hair salon and grabbing iced coffees, posting about it on social media. or they are in another country cause it's so convenient to travel around in europe with teams... — read more
They’ll offshore every job they possibly can
That’s the only thing you can truly count on working here. So I’ve stopped getting invested. There’s no real career path, no long-term payoff, and definitely no sense of job security. I treat my role like a temp position now. I show up, get my... — read more
Unemployment benefits
Is it possible to quit and collect unemployment benefits in NYS?
Credential inflation is out of control
So many MDs have job postings on their teams for Director or below that require something like an MBA or CFA, yet these same MDs only have a bachelors. I realize this isn’t specific to BNY but as someone in that network I’ve been seeing so much of... — read more
Any success stories?
Would love to hear from those that left BNYM and went on to other places and found success.
New titles
What is the deal with the new titles? Seems like it’s going to combine J and K and o may have one level VP. What does that do to someone who was in line for a promotion from J to K? Will the salary bands change??
4 day office start date
I'm a manager in Manchester and I have just been told today that despite what the in office scorecard for flex employees is telling my team, they must start doing 4 days a week from 1st September (despite one week to go of the 4 week period). Seems... — read more
Future layoffs
Hi everyone, has anyone heard any credible updates or timelines regarding potential future layoffs? Just trying to stay informed and plan accordingly. Thanks in advance.
Does this sound like a takeover?
All our job reqs went to Pune very recently with no more hiring locally. We all of a sudden must train brand-new Pune people with zero knowledge (fresh off the streets) to do the work of several veteran subject matter experts? This directive "just... — read more
If you are laid off due to being outsourced, DO you receive severance (and how much)?
Besides unemployment, if you aren't fired (with cause) and are "just" laid off (zero fault of your own-outsourcing; no bad reviews), DO you receive severance? Also- is it one pay per year? Example- I have been here 9 years, so that is 9 pays: right?
More 401k that I don’t want to go back to
I know there are previous posts about your 401k after leaving but I don’t feel like going back to it. i just hit my 3 year mark and plan on leaving for better opportunities come January after the match is locked in. I have about 30k in via and would... — read more
Cork office closure?
Something is happening in Cork office, rumours are spreading between departments that office is closing down. Any insights?
Agile Flex
Can anyone explain what is happening to the Agile Flex? Is this continuing from September, or these staff being moved to the Flex 4 days office?
Laioffs
Any laioffs this month?
Would you volunteer for layoff?
If they offered?
RTO 4 days sept
So I work in Everett and we are being told 4 days a week will occur for some time now it's fine I get it. I am on a specific client so I am in a certain secluded area, what I do not get is there is now being asked to return on specific days per... — read more
Marketing Bonus and Salary
I just heard from my friend in Marketing about the crazy bonuses they receive. A SVP last year in pershing marketing got $80,000 bonus and in Wealth Management an associate got $40,000 bonus. I am in wealth tech and my bonus is only $15,000. I am... — read more
Ageism is real
I’m the third person on my team to get booted shortly after turning 50 within the past year. Nothing like being pushed out right when you're supposed to be at your peak.