Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Know it alls

so sick of getting on all these calls and having people talk non stop and over you when they know nothing about the topic of discussion

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| 61480 views | | 4 replies (last September 4, 2023)
Post ID: @OP+1ona5Pux

Layoffs v retiring at pershing.

Say you work at Pershing. You want to retire. Instead of just letting you retire there is ‘known thing’ they do. they waste the companies money on severance and “lay you off”. It’s embarrassing, everyone hears you were laid off, and whispers what... — read more 

Comp thread

Let’s have some pay transparency. Location/level/base/bonus/years at the bank

Exemptions

Anyone know why most Syracuse folks are somehow exempt from having to go into office to work 3 days while the rest of us do? They Can’t say it’s distance or travel cause I have several on my team traveling just as far from other areas

WFH

Anyone know why or how Syracuse teams got an exemption to not have to go in office 3 days a week?

30 days plus notice

I’d like to know how they can tell us we have to give 30 days notice so no impact or whatever but yet we don’t get the same courtesy from them as if it wouldn’t create the same situation they want to avoid smh BNYM can F off at this point. — read more 

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| 81590 views | | 20 replies (last September 11, 2023)
Post ID: @OP+1ohMpCLH

September cuts

Anyone know what date the September layoffs will happen? Heard it’s substantial in ops

Nobody is safe at BNY Mellon

Those of you who think you are, get your heads out of your as--s and see what's happening. No matter how good you are, no matter how much you bring to the table, you are not safe unless you have friends or family in high places. It's truly as simple... — read more 

Filling reqs

Anyone’s location seeing a big struggle to fill reqs? It’s bad enough we have to fill them in “growth” locations only, This is insane now. Multiple offers made and all declines because they want over 60 k to walk in entry level to start with no... — read more 

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| 77050 views | | 6 replies (last September 11, 2023)
Post ID: @OP+1obmfTPK

What’s up with Romans world and Digital?

Heard the floodgates of cr-p opened with reorg within Asset Servicing and Digital? Not to mention whats happening in the Digital space? Some recent flower show meeting of Digital had one of the jesters yack “ Shock the world” when rumor has it they... — read more 

It’s gets worse everyday

This place is nothing like it used to be. It used to show it valued its customer and actually gave some type of recognition to its employees. Everything has been taken away from us and they don’t care who processes the work anymore . Then when... — read more 

Comp announcement

Anyone have any insight into some comp changes that’s going to be announced soon? Is it a change in systems used….. more cuts to benefits & comp? Any info is appreciated

Why are people working 12+ hour days?

What is wrong with you people? Do you not have a family? Are you that scared that you're willing to let them turn you into a robot that only works and sleeps? What the he-l, folks? You are not doing any favors to anybody other than those leeches on... — read more 

RV is clueless and can shove his pod bs

So sick of him and others acting like they know what we do and what’s best. Sit in your bubble and stay out of the rest of the business . Maybe it would do better

Request for a layoff

Hi Can I request to get laid off? How to proceed with such a request? I would like to get severance and unemployment benefit. Please share your thoughts.

Public perception of BNY Mellon as a workplace

I was delighted when I got the job here. I really wanted to work here. But now I think younger people, talented and capable, are not that impressed when they hear BNY Mellon. Any thoughts? It will be very difficult to correct that, of course, if... — read more 

Moody's downgrade

So why did BNY get downgraded? https://www.reuters.com/markets/us/moodys-downgrades-10-us-banks-warns-possible-cuts-others-2023-08-08/

Intern postings on LinkedIn - beating a dead horse

How much time and effort does the EC spend humoring the interns for the sole purpose of posting something on LinkedIn. It is sickening to see useless deadweight like Regelman posting photo after photo with groups of interns when he hasn’t spent even... — read more 

Is Robin simply Indecisive?

We’ve had so many contradictory messages on RTO, WFH, etc that pretty much all of us have differing understanding. Then there are all of the contradictory emails from other senior leaders and the special carve out rules for some teams and some... — read more 

Scoop on upcoming office location closures?

Anyone has a scoop on any planned office location closures? BNY Mellon has been trying to reduce real estate footprint and the cost associated with it through site consolidation and offshoring to India. Some are now calling it the Bank of India!

What about the many sweet WFH deals?

the masses are subjected to browbeating, threats of termination, and 3 going to 4 or 5 days, and permanent WFH leaders are often the ones issuing the RTO mandates and threats. Great morale builder.

An interesting RTO article

Https://finance.yahoo.com/news/now-finding-damaging-results-mandated-095555463.html Too bad TS management doesn't realize.

RTO selectively enforced

Many IT people deemed 'inconvenient to replace' are not coming into the office at all, even if they live nearby, and there are no consequences. Others, deemed more 'replaceable' are being coerced and threatened with HR consequences. So much for... — read more 

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| 105480 views | | 7 replies (last August 15, 2023)
Post ID: @OP+1nTggOWY

Growth Ventures

What’s going on with GV? Just another way to spin Data and Analytics or is it real? What groups stay and which ones go?

Tired of correcting other people's mistakes

I really loved my job and that's why I'm still here, but I'm getting tired of correcting other people's mistakes all the time just because BNY Mellon no longer prioritizes hiring really quality people who know how to do their jobs. Does the... — read more 

Keating Does it again!

Opens the WM town hall and verbatim blames employees for being down 10% when the industry is literally thriving. Zero leadership. Just blame. I’m sure it has nothing to do with your raising of minimums to $10mm and horrid treatment of employees... — read more 

Bonus amounts

I am interested in what determines the amount of bonus one receives. If someone can explain in detail, I would be grateful. I'm wondering what's the logic behind it because I know slackers who got bigger bonuses than good employees.

Rumors of 4 days in office/week from Sept?!

Have come across rumor that they may ask for 4 days in office per week from September. Rumor Mill location: NY If true, then at this point the work is not “Hybrid” anymore. Any more sources to this smoke?

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