It’s been over 20 years since I filled out a job application, and I just hit a snag. The part about contacting my current employer made me freeze. With everything feeling so unstable, I worry that if my manager finds out I'm job hunting, I might be... — read more
Why is this allowed?
Why is it okay for managers to hire people who are fully unqualified for jobs just because they either had somebody they know recommend them or they have a personal relationship with them? I'm tired of seeing people who have no idea what they're... — read more
Random Fixes in Wilmington
Anyone know what’s going on with all the random fixes in the Wilm, DE office? Like they aren’t doing any real updates. It’s still stuck in the 80’s, but it’s like they suddenly care about the building’s condition. Today they were painting the garage... — read more
Please explain SUB
EMEA based so apologies for lack of knowledge on SUB. There is a perception in EMEA that the US is especially ruthless and people laid off get no package but I don't think thats accurate. How do layoffs work in the US?
do people who get laid off due to poor performance get a severance?
3 years in engineering team and this year i hit a slump where i cant keep up with the changes and new direction team is going and i have a gut feeling my manager is going to fire me soon.
$30 gift card for 20 yr anniversay
A few months back, I received 20yr anniversary email with $30.00 gift card link attached. I rerouted the $30.00 to someone else because it was insulting. Why bother. I did not say thank you to my mgrs. Was I supposed to???
3 Types Of Employees - where are you?
The vast majority of employees at this place can be broken down into three categories: . New overpriced MDs or equivalent. These people are coming at a high level, have a very high paygrade, but generally don’t last more than a few years before... — read more
BK feedback
It seems like something I mentioned to my manager during my mid-year review was used against me in my BK feedback, and the comment even reflects my manager’s tone. Managers, this is not how you motivate your dedicated employees.
Product in Treasury Services
They need to do some serious house cleaning. I don’t see any benefit coming out of the Product team. They only post on linked in and speak at conferences. The real work is handled by the technology team. Product often reaches out to Operations ... — read more
Commercial Office New Hires
What are these senior, very well paid new hires mean? Does anyone believe the P-M (Platform Operating Model) is really going to work? Are all existing LOBs Client Services and Alts (for AS) going to report into these new heads? What does it mean for... — read more
Feedback is live
Delighted with my 4.9 rating.
I'm glad to be out
Even without the layoffs, the turnover rate was higher at BNY than anywhere I’ve worked before. A lot of people struggled to keep up with the fast pace, while others figured out their role was focused entirely on sales rather than customer service... — read more
Awkward Engineering Townhalls
These engineering townhalls are painful, awkward, and cringe: Managing director going on a rant about not enough people joining the meeting in person All managers "gently" asking people to come to the office for the next one Passive... — read more
Wellesley office
Since the doomed ending of the Eagle company. It’s not a surprise to hear this office will be closing. Why the secret? Tell the staff where they will be moved to so they can plan. Especially since RTO is such a highly monitored topic.
BNY Mellon may have received SEC approval to custody Bitcoin and crypto assets (https://cryptobriefing.com/bny-mellon-bitcoin-custody-approval/)
How long will it take for our illustrious organization to sc--w this up? Anyone have any predictions given BNY Mellon's record for short-sightedness and managerial incompetence?
I got laid off a few months ago from BNY, and I want to apply back in
Yes I got laid off, I got severance and it has run out. However, a line in the separation agreement stated, "agree that you will not apply for or seek future employment with the Company or any other Company Releasee." I saw others in the past at BNY... — read more
it’s been said but I’ll say it again
This feedback at BNY is absolute trash. I have twenty requests to do. I mean what is the freaking point???
The real issue is losing top talent, not just the attrition rate
Everybody and their mother knows that attrition is as bad as it has ever been. But the attrition rate isn't the real story here. From where I’m standing, what’s been happening for more than a year now is that we're losing a high number of our top... — read more
Wilmington DE location
Is there any news about the future of this location? We are down to just 1 building and saying it is even half full would be entirely too generous. I know the building has been up for sale for a while now but that hasn’t gone anywhere as far as I... — read more
Massive grade L layoffs / forced retirements coming?
Hearing something is in the wind... not sure why or who started it.
Entrenched managment
Lot's of entrenched leaders with no clue what they are doing. Robin trying clean this up but it takes time. Meanwhile stock is going up and office is buzzing!
Take note Mr Vince!!
https://fortune.com/2024/09/20/working-in-office-5-days-week-build-company-culture-myth-pwc-report/
Job Applications Getting Auto-Rejected
Hello All. I am aware that this forum and message board is for people to vent about the current layoffs at BNY Mellon, but I was hoping to get some pointers or advice. In 2019 and in 2024, I have applied a total of 3 times to the same AML, KYC, &... — read more
Division Heads Impersonal
Does anyone feel that their division head is impersonal?
Quality worker versus “favorites”
I was laid off the other week. I’m ok with it but laugh to myself, it’s not all on performance. I managed my clients, hit targets but wasn’t liked by x-x. Meanwhile you have people who don’t directly take on work versus use BNY Mellon to promote... — read more
Layoffs this week?
Were there any layoffs this week? Previous posts indicated action was planned for week of 9/16.
Stock Price!
Robin and team gonna get paid big time for the share price.
BNY Whistleblower
If BNY is enforcing RTO policies to their employees, they should also 100% enforce the rest of their policies when it comes to compliance related matters of the business. I have seen soo many report policies be broken to the point where if the SEC or... — read more
What's going on with promotions?
Is it just me, or has the whole company hit pause on promotions without letting us know? I was promised one over a year ago, and still nothing. Every time I ask about it, I get the same "don't worry, it's happening" line, but then... radio silence... — read more
I Have a Huge Following
Hi everyone I was recently fired due to incorrect information in my RTO. One thing BNY didnt know is that I have a huge social media presence and will be posting about this horrible new RTO system soon— stay tuned. Anonymous
Feedback system randomly selecting raters
This new feedback system is automatically selecting people to give me feedback. Some of whom I rarely interact with in my role. Wouldn’t it make sense to choose people that we regularly collaborate with to make feedback more effective? Is there any... — read more
Bonus Talk This Year
Not only did we provide you free coffee you also got free ice cream! See you next year!
Think twice before quitting
Many who leave end up regretting it. The grass may seem greener, but it often isn't. I'm not saying not to quit, just don't rush into it. Go ahead and downvote this, but you know I'm right.
So many layoffs at bny
How is BNY staying out of the news? All of the major banks have announced layoffs yet there’s no news for BNY even with the endless layoffs this year. Is it because the US jobs are being transferred to India so it appears the total head count remains... — read more
Questionable promotions
There's been a strange surge in promotions lately, with employees who don’t seem to know how to do their core jobs. And when someone lacks the knowledge, intelligence, or experience for their role, they get defensive, especially when they feel... — read more
What's out there for us older folks?
With so many folks in our later years facing layoffs these days, it seems like companies aren’t too keen on hiring any of us. I'm curious - what are some of you who are in the age group of 55+ doing to land new jobs? Are there any opportunities out... — read more
This place
Is literally su-king the life out of me. I dont know whats worse. Having to deal with my team, business partners or manager who all know nothing. And none of them listen to anything either which makes logging on dreadful cause its same sh-t everyday — read more