Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Time to leave?

Bonus and 401k match posted, time to leave? Give an up vote if you agree.

Platform Operating Model

Anyone know why, how and where is this platform operating model idea comes from? I am hearing from our team it will be implemnted in February, and it will be huge changes on the way we work and operate. Comments?

Sareena Dalla

https://www.pershing.com/content/dam/pershing/documents/pdfs/perspectives/driving-forward-an-interview-with-sareena-dalla-brookshire.pdf What does this joker did so far? Anything useful on the Product Vision?

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| 4980 views | | 5 replies (last February 1, 2024)
Post ID: @OP+1qP0ry5F

Unemployment Question

Filed for unemployment. Now they want to interview me and the sample questions seem odd to me. Why were you let go? Did you know you were going to be let go? Can I work? That last one ki-ls me. (Why yes i can but my company let me go and is now... — read more 

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| 4750 views | | 6 replies (last January 30, 2024)
Post ID: @OP+1qOo9ElY

401(k) Vesting BNY Contribution

I know the vesting period is 3 years, but is it 3 yrs from from your first day? So if you started July 1, 2021, after July 1 2024 your 401k contributions from BNY will be 100%? Or is it full year? Ie Jan 1 2025?

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| 4800 views | | 4 replies (last January 29, 2024)
Post ID: @OP+1qOGXQ8j

Feb 5th

Brace yourself, 5% across the board

RTO

Is anyone else having discussions with managers about RTO? Today we were informed you have to be in 60% of “days available”. Whereas we were originally told, “holidays, vacation, sick time, work from anywhere” etc counts towards your required 12 days... — read more 

IP Address Office Tracking

How true is the whole IP address tracking while in office? Are we being tracked by a specific amount of hours logged in the network or is it all a bunch of BS.

New RTO Policy?

Saw a comment about new RTO being announced in Feb, 3x/week, all current remote employees being forced back in? Anyone have more details? For Woodland Park office closure and now reporting to Jersey City by July, will those >50 miles be allowed... — read more 

Never thought I'd say this, but I miss Charlie

Don't get me wrong, the anti-remote work fiasco and the high layoffs during his time here made things stressful, BUT, he played the villain pretty well. Everything bad could be traced back to him and it was something to bring us all together. He... — read more 

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| 5700 views | | 6 replies (last January 27, 2024)
Post ID: @OP+1qKKJaYV

Human Resources

Why do HR take so long to answer simple questions regarding the separation document

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| 5040 views | | 4 replies (last January 29, 2024)
Post ID: @OP+1qJwYq6f

Salary ranges

What are the salary ranges for all the grades? Can this be found on MySource site?

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| 6230 views | | 6 replies (last January 29, 2024)
Post ID: @OP+1qJVVNbg

Being laid off would be a huge relief

I'm still here only because I've been waiting to see if I can get severance. I've been here long enough to merit a decent sum and I don't want to pass up that opportunity if I don't have to. But if I'm still here after this round, I'm not sure I'll... — read more 

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| 5840 views | | 8 replies (last January 25, 2024)
Post ID: @OP+1qI6SSHl

Notice days and accrued PTO

My grade level requires 30 days notice for resignation. Since BNY no longer pays out accrued vacation, if I resign, and have 10 days accrued, can I use that as part of the 30 days? Basically work 2 weeks and use vacation for the other 2 weeks. Or... — read more 

Platform Operating Model

Anticipating layoffs with the upcoming org changes especially teams that don’t neatly fit into the model… anyone have the inside scoop?

4 week periods - 3x a week

So we’re all having to come in 3x a week, or 60% of any given 4-week period. Well I ‘say’ we all are, but looking around that’s definitely not happening in my location. But my manager keeps our team to 3x a week in office for sure. But why is it such... — read more 

Get rid of useless managers!

Yes, I know there are plenty of good, even great managers at BNY Mellon, but there are just as many who are horrible, have no idea what they're doing, and are trying to convince others they do know their stuff in all the wrong ways. I'm tired of... — read more 

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| 6630 views | | 9 replies (last January 22, 2024)
Post ID: @OP+1qDsb9KT

Lawyer?

Did anyone hire a lawyer to review the separation document? I’m considering it..

SUB vs severance

Does anyone know if certain levels receive severance rather than SUB? Curious to know if Directors or MDs are treated differently. (C-suite is a different story) Thanks.

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| 5270 views | | 4 replies (last January 18, 2024)
Post ID: @OP+1qCuZq4L

Part Time Job before separation, Subpay?

I was reading over the separation documents and saw that you are ineligible for subpay when you start a new job, even part-time. What I have had a part time job I was working before I was let go from BNYM? Would working that part time job make me... — read more 

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| 5460 views | | 9 replies (last January 18, 2024)
Post ID: @OP+1qCrBe8M

What happened to work-life balance?

Everything is competition nowadays, to the point where most employees are forced to extend work hours to appear competitive. This creates a negative work environment that completely drains employee energy and makes it increasingly more difficult to... — read more 

401K

If you were there through year end, but let go last week, do I still get the match?

separation documents

Where can we find the employee confidentiality agreement? Are we in non competitions

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| 4730 views | | 4 replies (last January 17, 2024)
Post ID: @OP+1qBovGxk

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