Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Job applications

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?

$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 

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| 6920 views | | 6 replies (last October 3, 2024)
Post ID: @OP+1uLQtHhL

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 

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| 6720 views | | 3 replies (last October 2, 2024)
Post ID: @OP+1uLkkmJc

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 

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| 8310 views | | 7 replies (last October 4, 2024)
Post ID: @OP+1uIykTZh

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 

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| 8240 views | | 4 replies (last September 29, 2024)
Post ID: @OP+1uHyfKWO

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.

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 

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| 7160 views | | 9 replies (last September 24, 2024)
Post ID: @OP+1uDJ9Zvy

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!

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| 6570 views | | 7 replies (last September 23, 2024)
Post ID: @OP+1uCE7hLX

Take note Mr Vince!!

https://fortune.com/2024/09/20/working-in-office-5-days-week-build-company-culture-myth-pwc-report/

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| 7590 views | | 13 replies (last September 25, 2024)
Post ID: @OP+1uC1A70u

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 

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| 7660 views | | 17 replies (last September 30, 2024)
Post ID: @OP+1uB1eEvI

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 

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| 6240 views | | 1 reply (September 29, 2024)
Post ID: @OP+1uAoBOQY

Layoffs this week?

Were there any layoffs this week? Previous posts indicated action was planned for week of 9/16.

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| 8230 views | | 16 replies (last September 26, 2024)
Post ID: @OP+1uA8WOnU

Stock Price!

Robin and team gonna get paid big time for the share price.

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| 6060 views | | 3 replies (last September 27, 2024)
Post ID: @OP+1uAkpzIc

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 

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| 6990 views | | 7 replies (last September 26, 2024)
Post ID: @OP+1uxkQbr9

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

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| 8100 views | | 16 replies (last September 25, 2024)
Post ID: @OP+1uxTtDZX

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 

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| 6840 views | | 9 replies (last September 18, 2024)
Post ID: @OP+1uvOfqGn

Bonus Talk This Year

Not only did we provide you free coffee you also got free ice cream! See you next year!

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| 6760 views | | 3 replies (last September 26, 2024)
Post ID: @OP+1uuQE0Ft

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.

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| 7190 views | | 11 replies (last September 20, 2024)
Post ID: @OP+1uu2sLjf

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 

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| 7560 views | | 6 replies (last September 19, 2024)
Post ID: @OP+1utxrd9A

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 

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| 6260 views | | 2 replies (last September 12, 2024)
Post ID: @OP+1utn10aL

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 

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| 7940 views | | 17 replies (last September 13, 2024)
Post ID: @OP+1usVXW9C

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 

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| 7120 views | | 7 replies (last September 25, 2024)
Post ID: @OP+1uqkghoj

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