Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Eliza not working

Is it just me or does Eliza just not work? Type any questions or prompts in and you just get 'loading response' indefinitely. Surely BNY hasn't put all its hopes on an AI that doesn't work, or that they don't be have the server space for?

BNY runs on pretend productivity

Managers don’t track actual work, just the appearance of being busy. After years of going above and beyond for zero payoff, I’ve stopped playing that game. Now I collect the same paycheck for a fraction of the effort. Funny how no one’s noticed the... — read more 

Edinburgh office….

Edinburgh office confirmed as a WeWork from July. How embarrassing for the largest custodian bank in the world…. Here Blackrock, leave your nice new office and come visit us in our shared office space…..

Want to be a safe WFH Employee?!

Join NAV Solutuons under PM and you will be free from all this fear. This team is hiring and is currently housing many full time WFH employees. Management is flexible and cares about their overworked employees.

AI Employees

Not sure how public this is within the bank, but RV wants AI employees. Being pushed as "Digital Employees". Engineering is working on building this. One of the key asks was to be able to ask the AI bots what the lunch menu was in whatever office RV... — read more 

Bizarre org announcement in R and C

Rambling pointless org announcement today.. what are they thinking? Do they think we cannot see this clearly that there will be mass layoffs in R and C under the platform model?

Wfh employees being targeted

Bny tries to hide what they are doing but they are targeting wfh employees. Out of many being let go, its the wfh employees being axed mainly on those teams. There needs to be lawsuits because management put them in this position closing their... — read more 

So sorry for everyone affected today

This sweatshop never deserved you. I truly hope you’ll find better, more satisfying jobs, where the work you do will be genuinely valued and appreciated.

Layoffs may 19th

Looks like more people from new York state were axed again today. All for the reason it is the companies direction. So many intelligent and hard working individuals just told it was for restructuring. We'll time to spruce up my resume. Next job I am... — read more 

Notice

Anyone know if you put in your notice and have accrewed vacation time if you can take it the last days of your 30 day notice? or do you need to take it throughout the month notice. And be there on your last day.

Hiring Freeze = Shareholder profitability?

On our weekly team meeting, our manager informed us that we will not be receiving anyone to fill 3 positions even though we are up to our foreheads in our own work and to add on top of that, we are doing some of the work of another team that is also... — read more 

6 hour in office time

Does anyone actually know the policy for this? We’ve been hearing hours thrown around for quite some time now but no actual solid information. Anyone know more on this?

NJ Transit strike and RTO?

Suppose NJT strikes tonight and there is no train and bus service for the forseeable future? Will we be fired for noncompliance to being in the office? I’ve seen nothing from HR on this and my boss told me she doesnt know eithet but would approve the... — read more 

Secret Consulting Playbook Found

A secret document was recently found on an employee's laptop during an RTO visit at an undisclosed office location. WARNING: This model includes highly sensitive, tried and proven strategic consulting techniques, which should be very familiar to... — read more 

WFH

I used to be based out of KOP. I've been WFH for 5 years and was told today that we're moving to in the office and my choices are Jersey City, Pittsburgh and Lake Mary. I don't live anywhere near those places. Are they going to lay us off? Fire us?... — read more 

Hiring Freeze Details

Anyone know how long this is going on or how long it will continue? Any details would be appreciated.

9 hour workday soon?

There are rumors that the bank wants to push everyone to a 9 hour workday. Please can anyone chime in if they heard the same? I would hate to work an extra hour for the same pay.

Let's talk about Q2 round

It is not funny but it has become a quarterly "efficiency savings" effort as they put it. Hearing it is in June. For those who are in the know, what week it is going to be?

Global Payments & Treasury Services Recruiting

Brief Question: Is it by accident or by design that Global Payments and Treasury Services recruit people with "special needs" and individuals recovering from substance addiction to work here? A few of us believe BNY must receive a government... — read more 

What happened here?

I worked here many years ago and returned. All I can ask, what happened here? This place has been warped beyond recognition. People smiling? Na we don’t do that here, this is misery incorporated with a completely destroyed corporate culture. Good... — read more 

I'm exhausted

I’ll be the first to admit the job itself isn’t terrible. The team is solid and the paycheck is decent. But when you’re always picking up the slack for unfilled roles because they refuse to replace anyone, it wears you down. After years of this, I’m... — read more 

2/18 layoffs

Anyone from 2/18 layoffs having issues getting unemployment in NY because they received lump sum payment?

PIPs

Is it just me, or are they handing out PIPs like candy these days? Not just to low performers, but to people where it makes absolutely no sense?

Propaganda

This place sends out corporate communications on every day Or month for every group especially the new made of days/ months. Unless I missed it - nothing sent out to the moms for Mother’s Day. Happy Mother’s Day bny moms - may you all find a... — read more 

Disappointed

Sr leaders really dont care about this company . Nothing they donis in the best interest of customers anymore. Or employees for that matter. Their comments are literally “if you don't like our rules then you can leave”. What used to be a company who... — read more 

I actually do like Eliza

I’ve found creating a personal Agent pretty easy and my team even has projects on development that will save us all a ton of time. It’s not magic but not a gimmick either.

Do not accept a job here

RV is running this bank into the ground. No concern for anyone but himself and the stock price. If you choose to work here, you are running into a burning building. I have been here long enough to say this with confidence, and looking to get out. If... — read more 

Does engineering report into LAR or ELIZA?

The more I hear her nonsense about her advocacy for ELIZA, the less credible she seems as CIO. “I don’t read my emails, I just stick it in ELIZA” - she’s either an absolute prompt-engineering wizard to make anything that it produces useable, or full... — read more 

Eliza craziness

They are trying so desperately to sell Eliza as a good thing when we all know it’s really bad, provide lame answers, the agents are just useless.

This leadership is a joke

They’re running this place into the ground while we break our backs cleaning up their mess. Enough. Tear it all down and start fresh before there’s nothing left to save. Either they go, or this whole thing crashes. No more half-measures. No more... — read more 

Clown Hall questions that will never come up…

Hey Robin, when do the layoffs in the US stop and when? Do you honestly believe India is stable let alone some innovation hub??? Do tell Hey Robin, what is your ‘real’ vision for this company. What will it look like? How many employees? where will... — read more 

May Lay Offs

Does anyone know when the layoff in May will begin? I think I am being set up to justify being canned. I see the handwriting on every wall in my team. Meets rating mid and year end last year and RTO compliant.

Meritocracy doesn't exist here

It’s frustrating when rankings feel predetermined instead of earned. No matter how well you perform, the results never seem fair. The system’s stacked, and hard work rarely gets recognized. At this point, it’s hard to even care anymore. — read more 

When is the next round?

Who knows the actual dates of the next layoffs? Lots of chatter around here about RTO but remember what else is coming…

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