Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

401k match

looking for inputs on 401k match . Can bny decide your last date overriding the min notice period policy ?

by
| 5300 views | | 1 reply (November 27, 2024)
Post ID: @OP+1vGOalqh

I, for one, would welcome mass layoffs

About time to be pushed out when I’ve been too silly not to leave already all by myself. At least I would stop constantly thinking it through with my judgement being clouded by fear and anxiety. I do feel for people who really need this job. I do... — read more 

Collaboration

I will faint if I hear one more time: collaboration, taking risk, resources, take action, own it.

2025 LAYOFFS: no longer just rumors

I always take layoff comments/talk with of salt, as it usually depends on the department, location, how much you make, etc. That said, this time around, it isn't just talk: I received direct word from a well-respected manager that they are calling... — read more 

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| 13020 views | | 26 replies (last February 19, 2025)
Post ID: @OP+1vFo4Ksl

Managers 4 day office exceptions

On the FAQ for the 4-day office for managers, it said generally managers could not approve exceptions for people, but the guidance would come out closer to January. Does anyone have any knowledge on this? My team/department is really short staffed... — read more 

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| 6920 views | | 9 replies (last November 25, 2024)
Post ID: @OP+1vDMlgLz

I feel so discouraged

Started a new job and even took a pay cut for it just to get away from BNY and now I'm regretting it. I started on Monday and ran into problems immediately because HR hadn’t even finished my paperwork. My manager gives zero clarity on anything, and... — read more 

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| 6200 views | | 8 replies (last November 23, 2024)
Post ID: @OP+1vCciet6

P-M

Are there any layoffs connected to this platform model so far? Or rumors?

by
| 6420 views | | 8 replies (last November 25, 2024)
Post ID: @OP+1vBrI8DY

Bonus and 401K Match if Laid Off

Do employees who are laid off receive a prorated bonus (or full bonus if in January)? Do they get to keep the unvested 401K match?

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| 6480 views | | 8 replies (last November 30, 2024)
Post ID: @OP+1vAPnTIZ

Location strategy Poole UK

Poole office. Staying open or shutting down? Hearing and seeing lots of differing opinions, does anyone know for sure or is it all heresay?

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| 6330 views | | 5 replies (last April 15, 2025)
Post ID: @OP+1vzt5wEd

JAN LAYOFF RUMORS

January layoffs rumors are hot and wild - Any insights Heard it is going to be massive scale

Same story, different company

Last week, a friend asked me about working here since he's thinking about transferring. He’s fed up with Wells Fargo due to too much work, a problematic manager, and an overall toxic vibe. I had to break it to him that we're no different. Truth is... — read more 

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| 6760 views | | 4 replies (last November 19, 2024)
Post ID: @OP+1vySha2N

Counter offers - Internal Mobility

I am currently on a J grade in Manchester, UK. Pay is not great. If I apply for a K/L grade and am successful, can your current manager make a counter offer to try persuade you to stay? I am wondering if this a good strategy to improve pay. .. — read more 

Salary Bands - Manchester J/K

Does anyone know the salary bands for J and K in Manchester, UK. Currently on 41K (J) and feel very underpaid. Also, presuming i'm low in the band, does this reduce the risk of layoffs?

by
| 6570 views | | 7 replies (last November 24, 2024)
Post ID: @OP+1vwpVRvW

Next round - December or January

November has come and almost gone. Wave 3 is slated for March 2025. Jan 6 is the beginning of the PI Planning. They need to carve out the structure before that. With lean December - with tons of employees on vacation schedule and the 2 weeks... — read more 

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| 7840 views | | 5 replies (last November 20, 2024)
Post ID: @OP+1vvK6hCp

Notice period

Does anyone know what potential consequences they try to enforce if you do not adhere to the proper notice period when resigning from your role?

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| 7180 views | | 7 replies (last November 18, 2024)
Post ID: @OP+1vvB14yE

Any layoffs in November

Are there any layoffs expected related to RTO or other factors? I know they have to match the 401(k) by the end of November or in December."

BNY is in rapid decline

The energy’s completely drained, and morale's nosediving fast. Top talent is leaving in waves, smartly jumping ship as things get worse. Now we're stuck with a shrinking group of less experienced, anxious employees watching it all unravel. And it's a... — read more 

profit über alles

over people over longevity over stability over risk over trust

by
| 5750 views | | 2 replies (last November 14, 2024)
Post ID: @OP+1vtS9tTA

Location Strategy….. Edinburgh

Any news on Edinburgh in the location strategy? Building being sold and potential buyers appear to be all hoteliers, so it won’t continue past 2026 as a BNY site. Are they searching for new premises? Or just close the site? With people... — read more 

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| 6260 views | | 7 replies (last January 21, 2025)
Post ID: @OP+1vtQOiAl

VIP points

Any word on whatever the 1k VIP points will be a thing this time around.

by
| 6670 views | | 8 replies (last December 17, 2024)
Post ID: @OP+1vsNCD1I

Merit increases

When do learn what our raises are? When do the managers put in the percentage and how bad is it this year?

We need more help

Nobody cares that the company’s letting some of our best people leave without bringing in replacements. I understand it's tough to replace their experience, but just hiring anyone would help with this never-ending workload. I'd love to spend some... — read more 

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| 6210 views | | 6 replies (last November 14, 2024)
Post ID: @OP+1vrUMObr

Unionize? - Agenda and action steps

Hi folks, ex Mellon employee here. I see all the messages here. would you all like to start to unionize? we can host a zoom call - everyone uses fake names. I can run through an agenda and process of unionizing.

by
| 6900 views | | 11 replies (last January 26, 2025)
Post ID: @OP+1vouS0qw

They are using RTO to get rid of the people

Anyone who is criticizing people upset about forced RTO, or blaming those who “abused” work from home- that is exactly what the corporate higher-ups want you to do. They make up the excuse that it’s due to those who didn’t do what they should at... — read more 

Senior Associate Pay Manchester UK

Does anyone have an idea of the pay band for a senior associate level role in the UK Or just some examples of your pay in this grade

by
| 6010 views | | 4 replies (last November 9, 2024)
Post ID: @OP+1vnupFCe

Coffee badging firings...

Heard rumors of employees being fired for coffee badging after a review of in office activity in the US, anyone seen this happen?

Glassdoor reviews

Some of the most recent reviews for BNY seem to be more accurate.

by
| 6090 views | | 3 replies (last November 6, 2024)
Post ID: @OP+1vmnQHpL

Working at BNY can make a smart person stupid

Sometimes I can't believe the words that I'm hearing being spoken by some of the most experienced people here - people who are supposed to know better! I've come to realize that this place has started turning smart people stupid with constant... — read more 

by
| 5600 views | | 2 replies (last November 8, 2024)
Post ID: @OP+1vmyj9L4

Wilmington to Philadelphia?

Anyone know about the BNY Philadelphia location, and if that might be where they force us to report to if/when the Wilmington site closes?

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| 6020 views | | 6 replies (last November 7, 2024)
Post ID: @OP+1vlYReq2

RTO has been such a pain in the a-s

I know it’s only about pushing us out for free. So I diligently follow all the requirements. But I feel so stupid for doing it, because all of it is nonsense. It’s incredible how corporations manage to put us in such bizarre positions. Instead of... — read more 

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