Still hoping just to keep your job, or still holding on to the belief that hard work pays off? If you’re one of them, please stop. No matter how much effort you put in, how much energy you spend, or how dedicated you are, it won’t be appreciated... — read more
I cant take it anymore I want to quit
I think this is what upper management wants, us to quit so they dont need to pay a severance/ SUB. I never had any problems at BNY from 2019-2023 but now its bad. Ive lost 15lbs since January and shedding hair like a dog. Plus commuting 4 days to... — read more
Bending the cost curve.
Don’t feel bad if you lose your job. As per this mornings townhall job losses are “bending the cost curve” and actually a “huge achievement” who knew . Hope this helps everyone feel better.
Layoffs
More to cut.
Burnout cycle
They've squeezed us so thin that even PTO doesn't help anymore. I came back from vacation to 500 emails and twice the backlog. My therapist says I need boundaries, but when your workload assumes you'll work nights and weekends, what's the solution? I... — read more
AI Agent
Definition of AI Agent-> AI agents are software programs that use artificial intelligence to perform tasks, make decisions, and interact with their environment autonomously Meanwhile our agent -> A scheduler that calls chatGpt and feed in one... — read more
Time to call the EEOC
People Team is targeting employees with existing medical accommodations for remote work. Keep all records, communications, and any denials. This is all being done because of the merger with NT and wanting to eliminate employees. Well BNY, what... — read more
Truth Before Transition: Giving Northern Trust the Full Picture
Let’s take a collective step toward protecting the future of Northern Trust employees and their clients. By sharing our honest experiences—anonymously and respectfully—with the Northern Trust CEO, we can shine a light on the realities of BNY’s... — read more
The Cultural Shift Northern Trust May Inherit from BNY's Toxicity
BNY has unfortunately developed a deeply toxic workplace culture under its current CEO. The environment is driven more by profit and shareholder profits than by a genuine commitment to employee well-being or long-term values. It’s disheartening to... — read more
Any layoffs this coming week?
Weren't there mentions about June layoffs? Or did I misunderstand?
The more I hear about AI
the more convinced I am that it's just a convenient excuse to cut and offshore jobs, without actually replacing them with AI.
Merger-Discuss
https://www.reuters.com/business/finance/bank-new-york-mellon-approached-northern-trust-discuss-potential-merger-wsj-2025-06-22/
Layoffs get worse
Not getting better
30 day notice?
Anyone know what the consequences would be if you resign and provide only 2-3 weeks notice?
Another post disappears
Thin-skinned much? What is she so afraid of? The fact that anything about her gets taken down speaks volumes.
Purchased Days
Anyone know what happens if you resign mid year to the $$ being withheld for purchased days?
Work for Deloitte or lose your job
Tax groups in Wilmington, NY, Westborough and Chennai. If you don't want to go to Deloitte, you lose your job with no package. BNY is keeping 8 months of 401k matching as if they all decided to quit. Everyone loses all time served, again... — read more
Forget about ratings and evaluations
In the vast majority of cases, they’ve been arbitrary, serving more as a scripted performance than a real measure of value. They exist to create the appearance of fairness, but in reality, they're used to justify decisions when it’s time for cuts... — read more
Is this really how it works?
January submit names. Lay off in Feb. March termination date. April submit names. Lay off in May. June termination date. July submit names. Lay off in August. September termination date. October submit names. Nov lay off. December termination... — read more
What bars around the Pittsburgh offices have the cheapest beer
Asking the important questions idgaf about RTO or performance reviews.
What are the rankings for?
Are these 25% low ratings to avoid bonuses, promotions, and cut the low of the low workers? Was hired about 6 months ago as a VP software engineer. Do I need to be worried? I get my work done and sometimes more.
Removing BNY from receiving feeds from your brokerage accounts
So I called Fidelity and told them to remove BNY from Institutions receiving your account information. The list of accounts is right there in the Fidelity Security settings... And then I was told by Fidelity that I need to call BNY Compliance and ask... — read more
When is the next layoff for forced WFH people
Last one was 5/18-5/19th for a layoff date of 6/18. I’m hearing buzzing around that there are more this week? I thought it was Aug-Sept and Nov-Dec?
C level merry go round
EH out.
Happy Father’s day.
To all the Dad’s working in this fetid swamp, Happy Fathers Day!!!!!!! We are the epitome of dedication to family and doing what’s right. Putting up with bad stuff for the sake of our wives and children. The real Alexander Hamilton would be proud of... — read more
Left that nightmare six months ago
I've never been happier. I sleep better, lost weight, and actually see my kids now. I didn't realize how much that place was ki-ling me till I got out. Best decision ever. To anyone thinking of leaving - do it. Not a single regret about my decision. — read more
Mid-Year
When are mid-year performance reviews? Hearing different format. Anyone know?
More power for the powerful, less of a voice for the voiceless
After reading about RVs new cash grab, I can only wonder what the next shoe to drop will be. Already seeing big cuts throughout the organization and other higher ups jumping off the sinking ship. Money going towards the “birthday parade” this weekend... — read more
All Hail God Emperor for Life Robin Vince
I love the platitudes that they use in the announcement of Robin becoming chairman of the board. You can tell he's grinning writing all that nonsense while signing off on RIF waves
Prediction: they will sell off all LOBs but keep Asset Servicing
I have no basis for this , just conjecture based on what I’ve seen. AS is a massive business but also very automated for custody work so it tends to be profitable. Funds Services is not profitable but BNY has the scalability to do clients’ back... — read more
An apology from Global Payments
This is quite vague as it has to be but I would like to formally apologize to many of you on behalf of us worker bees in Global Payments. There’s a lot of awful changes currently taking place that we the people have absolutely no control over... — read more
Legal Firm?
Anyone know of or working with a law firm, in the NYC area, with experience working with BNY employees.
25% not meeting expectations by year end?
Read this as a comment in the mental health post, but it deserves to be a topic. If they put me in the 25%, I won't be acknowledging my review, that's for sure. Manager here: it’s confirmed that the new requirement coming from Robin down is to... — read more
Platform Operating Model
Leaving this right here… In 2022, McKinsey was paid $55 million to advise Warner Bros to combine with Discovery. From 2022-2025, McKinsey charged Warner Bros Discovery $37 million by advising the company to change HBO to HBO Max then to Max then... — read more
BNY sponsor of the DC parade June 14
We can’t get scrap for merit or bonuses, people get laid off, those who are based at home are going to be let go if they can’t come into the office, but hey, BNY can sponsor the parade in DC on Saturday “to celebrate the 250th anniversary of the... — read more
Insite Conference
How did it go?