Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Procedures

anyone else notice the constant push and nagging to make sure procedures are out there and up to date? Now theyre in a site where if you delete it , it’s still accessible no matter what. This place is prepping to make sure when you get fired, some... — read more 

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| 10600 views | | 29 replies (last November 27, 2023)
Post ID: @OP+1pHHTtGe

Be frugal this holiday season

Save as much as you can. Layoffs are not over by a long shot. We all love holidays, but if there was ever a time to not spend unnecessarily on that big item or trip you really don't need, this is it. I'm not being a Grinch, I'm just worried with good... — read more 

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| 9340 views | | 3 replies (last November 21, 2023)
Post ID: @OP+1pGLEvfR

EMEA colleagues tend to be more insufferable

Don't get me wrong, I've worked with a number of great colleagues based in EMEA and I would say most colleagues from EMEA are pleasant to work with, but of all the unpleasant, arrogant, or true deadweight employees, more tend to be based in EMEA. ... — read more 

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| 9440 views | | 6 replies (last November 21, 2023)
Post ID: @OP+1pDxu1H7

240G asking for ID

Why isSecurity asking everyone to show IDs when entering the building at 240G.

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| 9720 views | | 8 replies (last December 2, 2023)
Post ID: @OP+1pC0dxxm

Our reputation is suffering

Soon we won't be able to hire new people for positions that desperately need filling. Think about it, who'd want to jump on board with BNYM at this point? I mean, seriously, look at our reputation right now - everybody knows management is... — read more 

It's difficult

I'm an older worker. I've been there over 25 years. The work is just mentally harder for me. I'm not quite at retirement age, but I do wish they would lay me off. I live in fear of getting a BE and being terminated for cause. Humiliating. I try my... — read more 

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| 11150 views | | 16 replies (last November 17, 2023)
Post ID: @OP+1pA3R0H7

Researching your next workplace

Did you ever accept a job and it turned out to be nothing like you expected? I did, and I don't want to do that again. After joining BNY Mellon, I realized figuring out a potential employer's vibe beforehand is crucial. I'm still not sure how to... — read more 

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| 10220 views | | 13 replies (last November 27, 2023)
Post ID: @OP+1pAS2kVj

Resignation questions

I have a couple of questions about resigning around year-end: If we have a 30 day notice period, does BNYM have to pay you for that full period if they ask you to stop working immediately? In my area, most people are asked to stop working... — read more 

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| 10170 views | | 8 replies (last November 16, 2023)
Post ID: @OP+1pzIFnmd

Raises

When are raises communicated to the employees? Are the raises percentages determined already? What is the numbers this year?

There is no future at BNY Mellon

With so many layoffs, the culture that is turning from bad to worse, and management that has no idea how to solve the mounting issues, I think it's now patently obvious to everybody that there is no future here. At least not for those of us who hope... — read more 

Bonus cuts

Any managers can verify that this years bonus numbers are in shambles?

Many of us would have volunteered

People who wanted to stay are gone and those of us who were hoping to be laid off are still here. I wish we were given an opportunity to volunteer.

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| 10270 views | | 8 replies (last November 14, 2023)
Post ID: @OP+1puyMVnG

The value of In Office Collaboration

One of the most disheartening aspects of in office collaboration is the degree to which people dismiss the benefits of inter-office collaboration. I’ve worked with people face to face at BNY & Mellon for four decades and formed many close bonds... — read more 

240G - badge swipe Lobby or Floor?

Does anyone know if a badge swipe in the Lobby of 240G is enough for office day credit as I someone held door for me on floor recently and I forgot to go back and swipe myself. Thank you!

It's not over

It's never over after just one day. I'll be happy if it's done by Wednesday, instead of dragging on the whole week.

Number

For all the managers, how is the numbers?

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| 10180 views | | 7 replies (last November 8, 2023)
Post ID: @OP+1ptY22JB

Resources thread to find a new job

Starting a thread with resources to find a new job. Being prepared is half of the battle! Feel free to add resources to help our colleagues who are starting a new job search - be courteous!

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| 8820 views | | 5 replies (last November 7, 2023)
Post ID: @OP+1ptr49cW

Laid off

I got laid off today and none of my questions were answered by my manager - I was directed to an email address to contact HR. I've also been warned they might take a while to respond. Perhaps someone here knows: How long does it take for the... — read more 

BNY Mellon Core Guiding Principle: No Law? No Problem!

All those people who relocated during covid got a free pass on RTO. I thought custodians were supposed to have a sense of fair play, of 'doing the right thing'? Oh, wait, that only applies to the legal aspects of holding or managing somebody's money... — read more 

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| 8980 views | | 7 replies (last November 8, 2023)
Post ID: @OP+1psNoBbn

Project Bora Bora

Here is another massive cut in the neighborood: https://www.cnbc.com/2023/11/06/citigroup-considers-deep-job-cuts-project-bora-bora.html The corporate overhaul, known internally as “Project Bora Bora,” has employees on edge. Managers and... — read more 

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| 8200 views | | 4 replies (last November 10, 2023)
Post ID: @OP+1psfRkmd

Severance pay policy in the UK.

Could anyone provide information on the current severance pay policy in the UK? In the past, it was typical for employees to receive a severance package of two weeks' pay for each year of service with the company. However, I've recently heard a rumor... — read more 

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| 7700 views | | 2 replies (last November 7, 2023)
Post ID: @OP+1psUhmoK

BIPAC Donations

Does anybody know what our annual contribution to the BNYM BIPAC should be? In the past there were published guidelines. As an employee I’d like to contribute as what’s good for the Bank inevitability winds up helping employees. We all benefit here... — read more 

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| 7830 views | | 9 replies (last November 6, 2023)
Post ID: @OP+1psQMEuB

When was the last time severance was changed?

Does anybody know when was the last time BNY Mellon reduced severance? People are mentioning that it could happen again next year and that's making me nervous, to put it mildly. The severance is already nothing special, and if they reduce it further... — read more 

The coming layoffs

For this week’s layoffs, how long ago was the decision made of who is on the list? Was this pretty recent like a few days ago, or had they known for a while?

Who picks your name

Who picks your name as the one to be laid off - is it your immediate manager?

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| 8920 views | | 7 replies (last November 15, 2023)
Post ID: @OP+1prbUcz3

Huge team walked out of WM in PGH

9 client facing wealth management staff walked out of Pittsburgh on Friday. Almost half of their wealth managers. Keating getting what she longed for. Alexander Hamilton can’t save you. You have failed.

162,000 Sq ft in Pine as layoffs loom

https://www.business-standard.com/industry/news/315work-avenue-leases-162-000-sq-ft-of-shared-office-space-to-bny-mellon-123110100871_1.html

Your thoughts on AI Hub

What do you think about AI Hub? Is there good work happening in that area? Anyone in the know of things? Am I missing out on career growth and learning opportunity if I am not working on AI Hub?

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| 7170 views | | 8 replies (last November 6, 2023)
Post ID: @OP+1ppqE0LY

Bonus Timing

Does anyone know when we get our bonuses? I heard we are getting them sooner than end of February. Ty!

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| 6450 views | | 9 replies (last November 5, 2023)
Post ID: @OP+1ppEmYHk

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