Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Realignment

I'm surprised I haven’t seen any posts on this yet. At least within Asset Servicing, there’s a restructuring happening where all employees, up to an L, are now required to report to someone based in their primary office location. I previously... — read more 

Next round of cuts? When?

Does anyone know when the next round of layoffs will be? 20 years of service here always in good standing but starting to worry in this environment.

New severance package

Does anyone know if this affects the amount of unemployment you may receive? If you've been through this since the policy changed and are commenting, please include your state if you don't mind as state unemployment laws may differ. Thanks

Get out …whilst you can

All of my team have their resumes out and are talking to recruiters. Our Manager is clueless to the fact. I can’t wait to get out of the kindergarten in-office tracker for one., the incompetent senior managers for two and what feels like a prison... — read more 

Termination to avoid severance

In Corp Engineering, there is a new trend instituted by guys from GS. Give bad ratings to older employees and use that as a basis for termination. Now it is no longer a layoff! It is termination due to poor performance. One of my collegues worked for... — read more 

Department of labor

The best solution at this point is for everybody, whether you’ve lost your job yet or not… File a complaint with the department of labor… Maybe that will get some visibility & change. Otherwise you’re just hoping Robin and his cronies suddenly get ... — read more 

Full RTO (5 days) within next 24 months?

Do you think we'll go back to 5 days in the office within next 24 months. Not sure what the overall thinking is, it feels to me that they are gradually ratcheting things up and that we'll be, within next 2 years, be asked to go back to the office... — read more 

Does this look like layoffs are immanent?

Not sure what to think about it at all. Bank of New York Mellon Corp (BK) Q1 2025 Earnings Highlights Published April 12, 2025 | Source: GuruFocus News Financial Performance EPS: $1.58, up 26% YoY (22% excluding notable items) ... — read more 

The stress of this place is going to ki-l me

I can’t take it anymore, I’m fed up. My team is severely understaffed which is leaning me to work 7 days a week, 15-16 hours a day. I feel my health failing. It’s impacting my marriage and my family. I actually feel like I could die from stress all... — read more 

Out of touch?

Anyone ever notice the email addresses of RV and DM?

Pennington Closure

I see in a previous string that people mention that Pennington is slated for closure. I have not heard a formal announcement. Does anyone have any information on the timing of the closure and what will happen to the people based at that site? Will... — read more 

wilmington de site closure ??

I hate that this company lies about everything. The building is completely empty and it seems like ppl are being fired left and right. What’s really going on? C’mon people show some backbone and tell us the truth.

Upcoming Layoffs ??

I have not heard anything, but asked to be placed on the next layoff initiative. Many years with BNY, BNY Mellon, and now BNY. I am sickened by seeing communications advising that instead of layoffs for RIF, Force rate some new rating “not quite... — read more 

BNY Hiring Freeze

Word out of Pittsburgh is BNY currently has a hiring freeze. Any truth to this? I also hear movement within BNY is near impossible.

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| 12900 views | | 4 replies (last April 12, 2025)
Post ID: @OP+1jrjgxmnt

PIP completed what’s next?

PM at the end year review across the board… placed in a PIP in Oracle PIP states PASS moved to a different department any possibility of getting let go? Thoughts concerns!

Shrinking Locations…..

For the locations that are reducing in size…. Are you getting a new office? I heard in Edinburgh they are getting a new office, which is basically in a WeWork and has something like a 18 month lease. Embarrassing for BNY even consider a... — read more 

Time to thank Trump and his team ?

While worrying about being placed on the list for the next round, I’ve noticed the forum chatter has significantly quieted down. The focus has shifted heavily to the Trump-induced market meltdown, with everyone concerned about their shrinking wealth... — read more 

Is this the real life

Is this the real life? Or fantasy working at bny caught in a landslide, no escape from reality. Opened my eyes and realized Bny is not for me. I’m just a poor worker, I need no sympathy because I’m easy come easy go . Little high & little low any way... — read more 

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| 12940 views | | 3 replies (last April 10, 2025)
Post ID: @OP+1jrb6mfgq

WFH employees

Why are forced wfh employees being treated like anything but employees? We don’t get recognitions at all like in office employees are. not even on employee appreciation day. Not allowed to get promotions or give them either. BNY forced this situation... — read more 

Fidelity investment

What is the deal with this investment they put us all in at 1% or whatever a couple years ago. Do we get to cash that out soon or what happens with it at the end of their 3 year rule.m?

The audacity

BNY has the audacity to sever positions on like 3.20 for example and then you sign all the paper work when it’s released but not give you severance until, not the next pay period but the following. They need to adjust they severe period the following... — read more 

Let me be an inspiration

I was laid off early this year. I found a job right away and love it. Not every business is run like BNY, but because I was there 16 years, I thought they were. You CAN find something else.

Bank of Pune

I think I’m going to start a change.org petition to get the bank named changed. Who will sign?

Hiring freeze?

Hr called me said they are waiting for the role to be approved again? Wtf

Today

To all of my colleagues that got let go today. I truly am sorry and I know you’ll land on your feet. I want to thank everybody for their hard work and making a difference at BNY MELLON. The firm won’t be the same without every single one of you. — read more 

Culture

For a company that keeps touting their bumper sticker slogans about culture, I have never seen a worse culture of just miserable, beaten down employees.

P-M Propaganda

Like everything at this dump, the P-M propaganda stories are just that. HR reaches out to users after very senior mgt, asks the employee to do the little Q/A. Of course the employee isn't going to rip the P-M.... I have seen it firsthand... a P-M... — read more 

PTO during notice period

For those of you who have resigned since the longer notice periods were in effect, did BNY let you use your remaining PTO during the notice period? There is no official written policy on this, HR just says it's up to the manager. I plan to give... — read more 

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