Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Remote work rumor

Rumor is the 2 to 3 day in office mandate will be 3 for many departments , including technology in 2023. Say that coming. What a sh*t company.

Don’t expect much in your raise package

I have from a reliable source that raises will be sub 3% as usual. These people have the audacity to call a negative real pay raise a “merit” increase. Meanwhile, other companies are giving out extraordinary inflation raises out of time of year end... — read more 

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| 45410 views | | 16 replies (last December 12, 2022)
Post ID: @OP+1jBp0oAP

It just seems things are getting worse and worse

People are stretched very thin, working so many extra hours for little reward. Benefits seem to dwindle more and more every year. Internal websites get clunkier and clunkier every month (most infamous is the oracle HR website) and are difficult to... — read more 

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| 46320 views | | 10 replies (last November 9, 2022)
Post ID: @OP+1jyzZK60

Corporate Treasury

What is going on here? I've never seen leadership (mostly just the person in charge) berate and abuse teams so much in my entire career. This isn't humane, nevermind sustainable. Is there any hope left?

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| 46450 views | | 7 replies (last November 10, 2022)
Post ID: @OP+1jxaKkJR

EOY ratings

What does it mean my rating will be effected if I choose not to come back to the office?

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| 48910 views | | 8 replies (last November 9, 2022)
Post ID: @OP+1jxgimHH

March Mayhem

Mass Middle Management layoffs planned in March 2023, remote work exposes widespread lack of requirement

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| 45300 views | | 8 replies (last November 20, 2022)
Post ID: @OP+1jvOf17r

Micromanagement in the office and during remote work

Some say that the matter of returning to the office is actually a matter of control over us. How can I agree with that when I feel more micromanaged while working from home than in the office!? Do others really feel much more micromanaged in the... — read more 

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| 46090 views | | 5 replies (last November 11, 2022)
Post ID: @OP+1jt6zBvu

RT Group using H1B hires for special roles

High compensation, free education, path to US citizenship, legal help and many other perks offered to those able and willing to meet requirements of RT Group.

PAC

Can’t wait to donate to the banks PAC so they can bribe politicians to continually push HB1 workers and fight against capping OUTRAGEOUS executive comp They suggest I donate basically 50% of last years raise. Tone deaf

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| 47680 views | | 6 replies (last November 28, 2022)
Post ID: @OP+1jqSJS94

Maybe they should at least try to keep the best ones

The mass exodus continues but that doesn't seem to worry our leadership at all. It is simply unbelievable to me that they are letting the best people go to the competition so easily. Does anyone know if they even tried to keep someone from leaving? — read more 

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| 51090 views | | 9 replies (last November 18, 2022)
Post ID: @OP+1jnJc0Kd

Hanging on to the worst while the best keave

How is someone like the CMO of Investment Management still here? spends millions on vanity projects that do nothing to help grow the business. On right the good people leave or are laid off… terrible leaders like her stay on. That’s BNY Mellon. She... — read more 

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| 49880 views | | 4 replies (last October 27, 2022)
Post ID: @OP+1jncO2uW

Back to office

Has Anyone got the boot for not coming back to office?

two months notice peirod

anybody can share how to shorten the two month notice period? It is just insane. Every other companies I worked for only require two weeks, but BNY requires two months for my level.

The inevitability of layoffs

There are many rumors about layoffs that have been circulating here. I had a little discussion with my colleagues about whether more significant layoffs are inevitable and the opinions are very divided. What do you think? In any case, BNY... — read more 

New redundancy at BNY

Another round of redundancy is ongoing in Europe. Employees with years of experience and knowledge are cut to lower costs. That’s how short term shareholders get more but in the long term all knowledge and experience of and for clients are gone. — read more 

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| 61160 views | | 6 replies (last October 16, 2022)
Post ID: @OP+1jbQNOBp

RT Group spending hidden

Whilst the villagers toil and suffer; RT Group has no real oversight. Budget in 8 figures

I would like to volunteer

In any case, I think that at this moment there are more people who would gladly volunteer to get laid off, than those who want to stay here and go through enormous stress every day. Am I wrong?

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| 62120 views | | 3 replies (last October 10, 2022)
Post ID: @OP+1j8Jvi7e

More Layoffs Coming!!

Sorry to say there will be a massive layoff round come January, unprecedented in scope. Feeling is to get ahead of global economic crash being foretold by many. This has been confirmed to me by 2 people I trust. Major push to hire massive amounts... — read more 

Search under way for new CIO

Let’s just say the current CIO’s accomplishments in the area of automation are quite a bit closer to zero than the board is comfortable with.

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| 74320 views | | 30 replies (last November 18, 2022)
Post ID: @OP+1iYwEWOL

Hard work does not pay off at BNY

I worked my tail off for years at BNY but i was told I never exceeded expectations and that I would have to wait another year before I would be considered for a promotion. Since my talent was being overlooked I decided to apply outside the company... — read more 

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| 75690 views | | 9 replies (last October 5, 2022)
Post ID: @OP+1iWtslJ9

How hard are you trying to find something new?

Venting is good, but venting does not solve any problems. It is best to try to find something new. I have some colleagues who openly complain, but for some reason do not do anything to find a new job and leave this place.

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| 73140 views | | 3 replies (last October 8, 2022)
Post ID: @OP+1iV2MvFz

Quiet Firing

Quiet firing is when management makes a workplace unappealing in the hopes that an employee eventually quits. This concept is a passive-aggressive approach to performance management. Rather than confront an employee and terminate the team member or... — read more 

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| 73890 views | | 4 replies (last September 28, 2022)
Post ID: @OP+1iVGT6rh

So much stress

This is a terribly stressful period, and the worst thing is that I think that after the layoffs, the stress level will be even higher. How do you even do your job in these conditions? I can't focus on work at all. Tons of work, difficult manager... — read more 

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| 77780 views | | 15 replies (last October 14, 2022)
Post ID: @OP+1iRuoDAT

Get rid of those close to the top

I hop many overpaid and do-nothing executive managers, senior group managers, and managing directors get fired and their big $$$$ salaries partially saved and partially used to properly compensate and retain real hardworking employees. This would be... — read more 

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| 76490 views | | 7 replies (last October 5, 2022)
Post ID: @OP+1iRIZP7p

Are couteroffers still a thing?

You know, when you find another job outside but you tell your manager and they can offer more money for you to stay? Is that still a thing here?

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| 73350 views | | 10 replies (last September 28, 2022)
Post ID: @OP+1iQsWCln

The wrong approach to layoffs

Instead of laying off good, hardworking people, why doesn't BNY Mellon finally start getting rid of managers whose lousy work is rewarded with huge salaries? How many excellent employees, whose talent and knowledge this place desperately needs... — read more 

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| 74860 views | | 12 replies (last November 7, 2022)
Post ID: @OP+1iPcNA7Z

Remember, you are in charge of your life

You should always be looking for a new job. Whether you are planning to quit or not and whether you are worried about layoffs or not. That's how you remain the master of your own destiny. If you are simply waiting for layoffs and not being proactive... — read more 

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| 74360 views | | 7 replies (last November 7, 2022)
Post ID: @OP+1iPvSb6j

Our benefits lack greatly compared to peer companies

BofA gave cost of living increases to everyone making under 100k in June. They are rolling out a sabbatical program allowing employees at 15, 20, 25, 30, 35 and 40 year milestones to take a sabbatical of 5 weeks + (duration depending upon seniority)... — read more 

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| 74120 views | | 6 replies (last September 22, 2022)
Post ID: @OP+1iNzA0Wt

Layoffs today

Hearing of multiple layoffs today. Can anyone confirm and where?

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| 74730 views | | 13 replies (last October 15, 2022)
Post ID: @OP+1iN216Sf

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