It’s on its way. Look at what all these senior people have done the last few years to this place and it’s getting worse . Now they’re selling and consolidating multiple locations . Hard up for cash while acting like they’re making profit . If that... — read more
Treasury Services is the new JPM
Thank you JB. Let’s fill the missing revenue now with your wise ideas
Hunger Games
RV is a slick one, doing rounds of layoffs throughout the week to stay out of the press. Was this one of the “pillars” to generate this make believe revenue? RV won’t last another year as CEO, and will forever be known for being a GS reject. — read more
Do we still get the bonus if let go?
Do we have that $100 bonus with our severance package?
Weather Related Wfh tomorrow PGH?
Anyone else getting a last minute push from management not to come in tomorrow because it's going to be "windy" ....Seems sus
They halved my team
How the fu-k are we supposed to get anything done?
Why do they always cut the wrong people?
All of us know people who deserve to be laid off. This is a fact. So how come they are never the ones who are getting the pink slip and the good ones are? It's no different this time. Does anybody here know one employee they believe should have been... — read more
No cuts today so far?
From what I can see, the layoffs have stopped. Am I wrong?
The lack of information
I hate that there is so little information available on the layoffs. We have no idea if it's done, how many people were hit, if/when it will continue... It's all a guessing game, and it shouldn't be like this. The leadership should communicate what's... — read more
AITA ?
I have been with mellon/bnym for 24 years and I am 62 years old. I am hanging on only for the SUB pay and unemployment . I beg to be let go....AITA?
Are the layoffs over?
I know it was happening throughout the day. Is it over or will continue the rest of the week
What severance package did everyone get?
Is it 2 weeks per year for everyone?
Today's layoffs tracker 24/01/08
Let's put all the info here, for easier tracking. If you, or anyone you know is impacted, please put the location, number of people and the positions being hit. I saw someone mentioning North being particularly hit. Is that true? Good luck to... — read more
How are folks being notified?
Is it a 1:1 or something else?
Today's the day.
Good luck all
Key Dates
List dates for promotion/bonus/pay raise/layoffs Stick to the topic and truth only
Wilmington DE location
Does anyone have any info on the Wilmington DE location? We've seen it go down from 3 buildings to 2 buildings and as of 3/31/24, we will all be in just 1 building. I know they had the buildings up for sale but I don't know the status of that or... — read more
January 8th
Layoffs are coming
Eagle investments layoffs
I’m a software dev . Are layoffs going to affect eagle investments ? It was communicated to us not to expect the bonus and raise for this year. Any info on this
The following things doesn’t make any sense
GS let go RV and now he’s our CEO why would we need to hire an ESG individual expansion on WM
More layoffs in January
More layoffs coming January - rumors of between 5 and 30% in US Growth Ventures . Is this true?
Senior mgmt
They seriously must be blind to the mess they are making with this company and the turn over in between them letting good people go. It was never like this a few years ago and it’s terrible. Everything you could do to discourage employees from... — read more
This company's behavior regarding its 401K has been disgraceful
Employees missed the benefit of a very strong market throughout the year on the matched portion of their contributions. Remember that BK reduced and then eliminated the pension, and offered the 401K as way to save money while still providing some for... — read more
Salary Bands Manchester
Does anyone have the salary band for grade J in Manchester, UK. I am on 40K and I'm presuming that must be low for the band. If so, does having a low salary in the band compared to your team members reduce the risk you will be let go or not make... — read more
Bank of New York Mellon Layoffs 2024
Do you predict that there will be Bank of New York Mellon layoffs? Any chatter, news or rumors?
Raise dates
When are the raises communicated and when is the date effective?
growth locations
Is it true that eventually BNY will move most tech jobs to Florida/India? Will there be many more layoffs coming?
RTO mandates did nothing for productivity
Employees were right all along. https://fortune.com/2023/12/26/return-to-office-mandates-no-productivity-impact-experts-predict/?itm_source=parsely-api
When do we get our 401k match?
Sorry if this has been asked before. But when will we see the company match in our 401k account?
Unemployment is near record lows. Best time Otto job search since 2016
https://www.bls.gov/charts/employment-situation/civilian-unemployment-rate.htm
January 8th is the big layoff
Everyone should prepare. If you’re not in the inner circle of GS and JPM you’re out.
2023 was just the beginning
I'm betting you that next year we'll see even more layoffs. The management has now figured out they can improve numbers without trying too hard by cutting employees. Considering they are incapable of getting better results the usual way, they'll keep... — read more
Year End Review
How do you know if you have met, exceeded, or fallen below expectations. I'm finding the format of the review confusing.
Pershing layoffs
Heard of some Pershing director level layoffs or “year end retirements” today. Can anyone confirm ?
VIP recognition email
Did everyone get VIP recognition emails today?
Why work for a company you hate?
Wouldn't many of you be much happier to find a job somewhere else? This is an honest question. If I hated this place as much as some of you do, I wouldn't be here anymore.
Bonus Announcement
Anybody know the day/week managers will communicate bonus?
Salary Band
Can someone please share this information if you have it?
Why Year End Review not yet released
Oct 25 was the last date to communicate the Year End review/rating to team members and Dec 15 was the last date to submit and close it by team managers but neither it is communicated not submitted. Is this normal here? After doing soo much of work on... — read more