Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Not having health insurance is illegal in some states

While in between jobs, if you are healthy, would make sense to bypass paying the health insurance premiums until you land a new job. However, not having health insurance is illegal in NY, NJ and probably other liberal states. Can the state catch you... — read more 

RTO - daily in office hours required

What is true and what is a lie - is there a mandatory requirement for in office hours in FL? Management claims they don't understand the policy. Some say no requirement, login and work, others say 4 hours, the some say 8. Hard to follow the rules... — read more 

Did the layoffs happen today or not?

I’m thoroughly confused right now. There’s so much information flying around that I can’t tell what’s true, what’s just wishful thinking, and what’s straight-up trolling.

I envy people who left

I wish them luck, and I hope they have already found a better job. I’m stuck here for now, can’t afford to spend any energy on job search and I definitely can’t quit. Just having bad times, and my priority right now is to keep this job for as long as... — read more 

I got out

2024 was a horrible year. I figured out that I was on the rif list and my potential layoff was continuously delayed. Major drama in my team and department. In January, I decided to accelerate my job search. I applied to 135 jobs and did 40 interviews... — read more 

Seeking inputs: how to tackle “ Dreadful Monday”

Any thoughts on how you tackle the absolute gut wrenching feeling of facing Mondays in this horridly toxic place? Pretending to be all okay when I want to run away from people as if they had the plague? Pretending to “get it” “understand” the... — read more 

Why is HR so incompetent here?

I’ve been at the bank for a bit and every question I’ve ever asked HR was too complicated for them. At most companies HR gets a lot of blame that really isn’t their fault, I ask older employees and they respond with “hr is useless, don’t even... — read more 

Ultimate fear - unemployable by other firms.

I’ve heard of so many colleagues here get laid off only to have no options but to come back here at a lower pay. And they get laid off again! I’ve had a good career here, really built my network up, and have rose through the ranks to SVP from entry... — read more 

The Bottom line….

You are a loser if you stay here. Only exceptions are: people in their late 50’s - early 60’s looking to cash out, people fresh out of college and … India low cost/ low self worth. All the rest? You lose. Robin thinks you are nothing. This place is a... — read more 

Layoffs/ Turnover

How does this company think they look with all these bs layoffs they keep doing and the turnover? Its not a flex. They look so bad and nobody should work here or do business with this place. Its awful

Coming to tearms

The two week recharge has actually helped me and I am thankful for it. It has helped me figure out, this place is not for me. Thinking about flourishing here is expecting Moses to part the seas again. To all those considering applying to BNY here are... — read more 

2025… please lay me off forever

I hate you Robin. i hate you BNY board i hate you BNY team mates i hate you depressing office i hate my role here You all su-k … please destroy me, give me a package and send my job to India. This company is the worst. Dont appy here!

Responsibilities of P-M roles

Is there any clear breakdown of what each role in P-M is supposed to do? Seems like some folks with the Solution Architect title are trying to run the whole show at Pershing. What’s the deal with the Engineers Head and Group Engineers then?

2-week recharge BNY speak for polish your resume

Seems to me the 2-week recharge is code for polish your resume because you'll need to use it soon. BNY has a great record for hiring good talent and then ushering them out the door. The good news is, it will add years to your life for those that are... — read more 

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| 7750 views | | 3 replies (last December 31, 2024)
Post ID: @OP+1wdQiUBL

4 day office Managers

Back in October we got confirmation that us people managers must do 4 days a week in the office. However, when I check all the policies around Hybrid Working etc, I still see no reference to it. Anyone know why there is still no reference to 4 days... — read more 

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| 8470 views | | 4 replies (last December 29, 2024)
Post ID: @OP+1wcCtIln

RTO - Topic again

With Elon Musk and his team forcing Federal employees for a 5-day work week (part of Trump's DOGE) will the commercial firms follow the same directive ? I was doing my calculation for the next few months.. The "use your PTO or lose it" rule forced... — read more 

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| 9670 views | | 25 replies (last January 2, 2025)
Post ID: @OP+1wcKORVa

When does your manager know

They say before a big layoff there is a list… is your manager told ahead of time? Maybe it depends on the level, but when they say they don’t know anything are they telling the truth?

We are not somewhat dignified corporation

We are a sweat shop. Turnover is insane. Everyone who knows anything is being pushed out the door, because knowledge is costly. We work like drones, while half of the time is being spent on procedures, forms and meetings about nothing. Managers are... — read more 

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| 6520 views | | 1 reply (January 1, 2025)
Post ID: @OP+1wcJdV3B

Do you think your review was fair?

Mine was so off that I’m sure I’m on some ‘to be booted’ list. I’m not saying I’m the employee of the month, but I’m definitely not as bad as the review indicates. I guess any excuse is a good excuse to push people out. — read more 

No severance

Bny senior mgmt always looking for opportunities to fire people without severance. Very evil people. No wonder the CEO needs to have a bodyguard everywhere he goes. Lots of lawsuits! Do not join this firm.

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| 7190 views | | 3 replies (last January 9, 2025)
Post ID: @OP+1wbIzVZR

Any thoughts on more layoffs?

I’m wondering how next year will play out. Should we brace for layoffs in the first quarter, or will we get a brief reprieve before they start cutting people again? It’s sad that the question has shifted from "Will there be layoffs?" to "When will... — read more 

What does severance/sub pay look like?

I got two partially meets on my EOY review and am fully expecting to be part of a RIF in Q1 of ‘25 or put on a “PIP or leave” I’ve been working here for a year, what can I expect in terms of severance/sub pay (granted I even am provided this)? What... — read more 

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| 8310 views | | 6 replies (last December 26, 2024)
Post ID: @OP+1w7tsCOw

Raise -Bonus

Does anyone know if the raise/bonus pools are up,down or the same?

Partially Meets

Give it to me straight - how likely is it that I’m getting laid off if I just got a partial YE review ?

This is just a transitional job

If you came here looking for good pay, career opportunities, and reasonable hours, you’re in for a disappointment. If you have hopes or expectations, they’ll just squeeze the last drop of energy you have and then unceremoniously kick you to the curb... — read more 

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| 7650 views | | 3 replies (last December 22, 2024)
Post ID: @OP+1w5shTdz

Salary Bands - Manchester J/K

Hello, does anyone have the salary bands for J and K in Manchester, UK. On only £41500, was wondering if right at the bottom of the band.

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| 7840 views | | 3 replies (last December 21, 2024)
Post ID: @OP+1w43hw15

Counteroffer

Has anyone accepted a counteroffer to your resignation from BNY with any of the promises coming to fruition?

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| 8200 views | | 3 replies (last December 22, 2024)
Post ID: @OP+1w4TTZsD

Another non-informational FYI at Pershing

Another FYI with expectations on P*M updates but nothing new. Same slide and one with a few names / pics. One interesting point in a timeline slide - there is some "HR work" happening in Feb. Sounds familiar? Is to be interpreted as a month for RIF?... — read more 

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| 8820 views | | 5 replies (last December 20, 2024)
Post ID: @OP+1w300PfI

Moving more to India

Little by little, our dept has been moving more and more to India while issues persist and clients complain. Do they not care anymore to have clients as long as sub par wor is done offshore?

Manager Posted My Job

I came across a job posted yesterday by my manager for my exact role in a “strategic” location. This also happened earlier in the year with a previous manager and it ended up not being an issue (they backfilled for someone who left but it was at a... — read more 

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| 9180 views | | 6 replies (last January 2, 2025)
Post ID: @OP+1w2jduEJ

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