Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

2022 global benefits survey

I found this survey to be insane where you have to pick one bad answer at random because all choices are bad and there's no quantifier. "Are you happy with current health benefits?" I am happy I want higher deductible I want higher monthly... — read more 

Office Disorder / Poor Communication

I was a contractor working within BNY Mellon offices during 2021. Had an interesting time there. Made a few connections in the office. I left BNY at the end of 2021. My replacement, another contractor, was brought into my former office during... — read more 

Managers are terrible here

I’ve never worked for anyone as ignorant and close minded as my boss here, and I can’t wait to get out. Worst problem with this place is they’ll keep the d-mbest people in important positions for way too many decades.

Job offer with higher pay but a lower title

I got a better paid job at another bank, but the title is lower. I don't have much time to make a decision, which is not easy, because I don't want that decision to jeopardize my future career. On the other hand, I really want to leave BNY Mellon... — read more 

Courage to leave

Everything aside, the place where you spent more than a decade is not so easy to leave. I put a lot of effort into it, I went through a lot here, so to just pick up and leave, it's not so easy. Although everyone advises that one should flee from... — read more 

Software Engineers, leave ASAP

The pay is cr-p. Especially in Pittsburgh. If you're a software engineer grind LeetCode and AlgoExpert.io I more than doubled my salary by leaving. Learn system design from Gaurav Sen on YouTube. AlgoExpert.io also has a System Design course you... — read more 

How is your relationship with the manager?

Effective managers are typically good delegators. My manager is the opposite of that. I love my job but because of that person I'm thinking of leaving this place. I have tried in every way to communicate with him professionally, but it is... — read more 

Secret transfers to a Putin ally

https://english.elpais.com/international/2022-04-11/an-oligarchs-nephew-a-tattoo-artist-and-700-million-in-secret-transfers-traced-to-a-putin-ally.html

Rejoining after quitting

People usually exaggerate when they list the bad things at NY Mellon or any other workplace for that matter. There are some, of course, but nowhere is it ideal. After six years here, I decided to make a big change and try something a little... — read more 

Unethical Crooks

When they saved money by reduced office space, did they pass on any of those savings to employees? Of course not. 'That is OUR money.' However, if you are based at home in an area far away from any city, they want to adjust your pay accordingly... — read more 

BNY Mellon doesn’t deserve my best

Maybe at one point it did but not anymore. You know what they say, you get what you give. Since BNY Mellon has been giving me the least it could get away with lately, that’s what I’ll be giving back from now on. I’ll be spending the rest of my time... — read more 

Can I volunteer for a layoff?

I want to. I really do. The bank would be doing me a favor. I would have more time to look for a good remote job that would allow me to work from home all the time. I don't want to be in the office one day more than I have to. It's more distracting... — read more 

What would you do??

Right, the time has come - you've handed in your notice, mentally clocked out and just serving out your notice period. What would you do? Any post on mss to leave a legacy?? Surprise entries on system for day after your last day?? Burn all your bny... — read more 

On a scale of 1 to 10

how ethical is BNY Mellon? I was asked a similar question by some person recently and I would've preferred to say that I no longer work here.

We all have one thing in common

Looks like everybody at BNY Mellon has one thing in common: none of us want to be working here anymore. We might differ in many, many ways, but from what I can see, the desire to leave this place for good and as fast as possible is universal. It... — read more 

Where did the pride to work here disappear?

The other day, for the first time, I decided to remain silent about working at BNY Mellon. I used to be proud to have a job here, but not anymore. And not only do I no longer have the passion to work here, but I know that many others no longer... — read more 

Don't be naive

If you think we're safe from layoffs, you're setting yourself up for a major disappointment. Yes, there is huge attrition happening right now. But there is a difference between layoffs and attrition: one is targeted and the other is random. No amount... — read more 

Buckle Up!

Tomorrow is April 1. Layoff month commences! 💩

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| 63180 views | | 45 replies (last May 1, 2022)
Post ID: @OP+1g1mcuCd

"WEBO"

Where are the employees going to sit now?

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| 59590 views | | 5 replies (last April 1, 2022)
Post ID: @OP+1g07hwvg

Will we ever need layoffs again?

With all the people leaving, it feels like we're beyond the point where we'll need layoffs. We might actually come to a point where the management will be forced to improve working conditions to retain employees because so many are finding out that... — read more 

Different bank, same issues

You might work a while at a bank or two with some of our issues, sure. But there is no other bank with all of our issues, the sheet severity of the toxic environment and the lack of any credible business plan. This is the worst managed bank... — read more 

This is a great example of how to ruin a company

There is no successful company that treats the best employees badly to the point that they start leaving on their own just so that the mediocre people who know how to please the management are more comfortable. This is unfortunately what is ... — read more 

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| 52650 views | | 1 reply (April 22, 2022)
Post ID: @OP+1fYOSZ4J

Ireland Mismanagement

Heads of the business in Ireland need to be removed from post with immediate effect and no severance. Mismanagement has led to a 10 million fine. The crew leading the 30% club need to answer for the failings of those they pushed to the top. Issues... — read more 

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| 51150 views | | 13 replies (last April 28, 2022)
Post ID: @OP+1fX8VkNJ

Any Bank of New York Digital updates?

It’s now been 3 1/2 Years since BNYM initiated a high tech Digital Team to automate and streamline processes. We used to have regular updates on how great it’s going to be but it’s now been a few years with no news. Was this a four year program or... — read more 

Completely lost my respect

Disrespectful behavior of managers towards the most loyal employees is shameful. This was my dream job, but after seven years, after seeing a lot of what goes on here, I no longer have any respect for BNY Mellon. Admittedly though, BNY Mellon is not... — read more 

Pershing is ridiculous

Not a post about layoffs but Pershing is losing staff left and right by the associate’s choice. That is because there are real management issues. Cronyism with favorites being promoted. Many leaders who are not talented or effective. There is a... — read more 

Pay discrepancy

I work with 2 others in a specialised team. I have found out, the others earn 100k more than me, and we are all the same grade I. I feel gutted.

You can't be serious

I sometimes wonder if people who keep claiming that BNY is not as bad as we're making it out to be have ever worked anywhere else but here. You really can't have experienced work somewhere else and claim with a straight face that BNY is fine... — read more 

Lobbying !

I could see lobbying as a practice which is quiet common here. They do it to target an individual . They escalate his errors at every level to report an incident and everyone from top to bottom in the management agrees to it. They hide the mistakes... — read more 

Fourth Wave !!

Fourth wave of Covid-19: Omicron subvariant behind 35% new infections in US. The BA.2 sub-lineage of the Omicron variant now makes up about 35 per cent of new Covid-19 infections in the United States, according to the data updated Tuesday by the US... — read more 

Who will be the target?

Is there more information on who the target groups might be? How big will the upcoming cuts be anyway?

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