Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

I feel so cheated

I work in a global team of about 7. I've always done pretty well during annual performance reviews, but as of the past year or so, I've really gotten out of my comfort zone, taking various stretch projects and I feel I've really built my reputation... — read more 

I feel I'm being laid off soon...

I may may be paranoid or my instincts are kicking in, but I feel like my manager is setting me up for a rif... Suddenly my directs are in meetings with my manager and I am excluded. I feel like I'm getting 'help' in the guise of a Teflon teammate... — read more 

Scheduled vacation when layoff hits

I heard that there will be significant layoffs coming soon in my department with the jobs going to India. I’m scheduled for vacation soon. Does anyone know what happens if you are on vacation when the layoff hits?

Job market

Anyone else struggling with finding employment?

Thrive together or depress together?

With layoff happening every quarter, what do we even by this principle of "Thrive Together"? We know every company goes through this but doing this every quarter? Is that really what will power our culture?

So would I be under performance for not working OT?

So I recently joined the bank, I’m non exempt employee, which means I need to be paid for over time. But I never report OT, since I feel like my manager wouldn’t like that. And my manager works nonstop. I mean I’ve seen him replying emails on Sunday... — read more 

Signing bonus clawback

I am in the process of leaving BNY and I have been employed less than 12 months. My contract states I must pay back the signing bonus after receiving written warning from the bank. Has anyone had experience with this. Does BNY send written warnings... — read more 

In office full time?

I heard people on my floor talking last week about how June that the Bank will require people to be in office 5 days per week. Is that true? Or is that only for certain departments and lines of Business?

Robin Vince CNBC interview

Pretty evasive when responding to the question about the use of AI and the future of staffing levels. He was specifically asked if that translated into a larger or smaller workforce. Straightforward question/evasive reply.

Summer Interns Pay

Does anyone know how much the 10 week summer analysts in Manchester, UK will get paid for operations? Currently constant talk of no bugets/potential cuts in the department, yet they annouced they bringing so many interns into the department?

Joke

Does this firm even care about its employees? Are they trying to have some competition and do what other banks do when it comes to RTO? Management used to care but now they don’t as they don’t want to hear your opinions. I used to like working here... — read more 

PIP & GO

A complete joke of a Company that uses the PIP GO process to wrongly grade employees as low performers or partially meet in order to not payout severance that is due to an employee. If that happens, you will pay 5x more.

Transformation group

Big rush to half as* rush to announce the formation of this group. All due to the new P-M. 🙄 Man the consultant got one over on our EC

Managers in the Loop, 4/29 Layoff

Rumor of layoffs next week. Managers in loop, can you confirm and provide reasons for layoffs: India outsourcing, RTO office requirement, performance,….?

Survival tips post redundancy

It's been a few months since my role was made redundant, so I'm over the shock, and most of the anger. Most importantly I'm moving on, so I wanted to share a few lessons I've learned that may help some of my ex-coleagues on here who are... — read more 

In work exemptions

I need to use an office exemption next week, how is it being counted? Is it one day for one office exemption day?

Working together and next layoff

I haven’t met RTO working bull**£& together requirement for 2 consecutive months because of transportation issues, but I have completed all my work and received positive client feedback. Am I doomed and should I worry about next layoff round? When is... — read more 

Office swipes on Saturdays?

Can I go into the office on a Saturday and have it count as a day towards RTO if I am primarily a M-F employee?

Why would any of us want to stay here?

Job security and growth are both nonexistent. Pay is subpar. Those are the three main things when it comes to a job. I honestly don't understand how more people are not looking for a way out. I am, and it can't happen soon enough. In fact, I'd even... — read more 

Sick Days

If resigning, can I just keep calling in sick during my notice period?

76 Managing Directors from Engineering

I am one of the Operations senior managers from Pittsburgh. I heard there will be 76 Managing Directors from Engineering will be laid off by the end of April

Can you request to be laid off?

Does anyone know if it’s possible to request to be laid off, and how would that impact your chances of receiving Supplemental pay and unemployment?

COMPANY CULTURE GOES TO DOGS

VERY BAD CULTURE. We used to speak very openly. EVERYONE is scared at all levels. No one know when their turn is and only favorites (GS people) will stay and everyone will leave. CIO will be gone soon. P-M model su-ks. No one knows what to do but... — read more 

30 day notice

To anyone in the U.S. that was forced to sign the attestation that you need to give 30 day notice if you quit and you’re VP or above (or more, depending on level) …. Has anyone here quit and not given that amount of notice? If so, what happened? I’m... — read more 

Redundancy payment in UK

What is the standard discretionary redundancy payment BNY Mellon gives UK employees (on top of statutory payment)? Please don’t comment if you don’t know the answer / just being unhelpful. Thanks

QUESTION: Ratings on year end review

For anyone laid off in 2024 and told your position had been eliminated, did you receive a ‘partially met’ rating which according to the updated HR policy prevents you from being rehired by BNYM?

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