Major layoffs coming. assessment currently underway, drastic overhaul of the service delivery model coming. I’ve been asked to put names in boxes and put forth names for termination.

With a 9 months of it, I cannot believe how poorly it is run. Zero leadership and back bone by some of the senior management. Very odd back slapping culture. Lots of talk about female leaders (which I support) but the females picked to represent us... — read more 

Make no mistake, as a result of the pandemic, the global economy has been hit hard. The reality is that over 45 million Americans were forced to file for unemployment, and numerous high profile companies were forced to file for bankruptcy... — read more 

How come there isn’t any comment here about BE taking over ops? Posts removed by moderators? We all know what’s going to happen next.

I heard a team was being forced back into the office on 9/14. This is soo ridiculous considering they said they have been working fine and effectively since March. Supposedly, HR requests are being denied for those whose children have remote learning... — read more 

There’s actually an article on LinkedIn that says so. The solution isn’t to do anything about the prejudice job recruiters, the solution is to take the names off of all the resumes so that all the job candidates are anonymous. Doing so will lead to... — read more 

It’s disgusting what this company gets away with. For those of us who work 37.5 hours a week and are now required to work 40 you just got screwed yet again. They get 2.5 hours more work out of us us per week but have adjusted our pay. According to HR... — read more 

If the position is strong why there is a need to hire . They are looking at the hiring budget when they say We have a strong balance sheet and are well positioned in the market place. We will both continue to prioritise our strategic investments and... — read more 

https://www.financialexpress.com/industry/banking-finance/bny-mellon-looks-to-add-up-to-10-to-13000-strong-employee-base-in-india/1867285/ How is india staff doing there? Is quality ok or absolute c-ap?

Any former or current BK employees able to comment on what secerance package was offered by BK when they axed employees? Did you try to negotiate? Did you succeed in getting better terms? What about litigation? did anyone go down that road... — read more 

Apparently new & pending hiring has to be approved by Todd and the EC. Since they are supposedly not doing more layoffs in 2020, my guess is this is a way of implementing a hiring freeze without saying it outright.

Since Frank behlmer left sounds like everything's gone downhill. Should have used his model, it worked exceptionally well. He was thankful to have a retain good talent. Good luck, glad I was let go! Life is so much better!

Heard that there's mandate coming from above for another 10% round before the end of 2020. Can someone confirm? Is it the truth or a rumor?

Hi all, anything mentioned in the all hands today? Wasn’t able to attend.

New to WF hired this year feb & received a fabricated 2 rating made to look incompetent. How long before I'm let go?

Why does BNY Mellon alway treat its oldest and most loyal employees the worst? People who have been with the company the longest? Do you know of one other company that cares this little about those who are directly responsible for the majority of its... — read more 

If this joke of an organization somehow survives this whole pandemic, it would be a miracle. It's been a dinosaur of a company for so long with fat cats stuffing their wallets with whatever revenue was generated. The actual heart and soul of the... — read more 

Someone said on another post that it’s capped at 2 months now? Can anyone validate or confirm how much the layoff payout is???

If BNY thinks itself a TECH company, then BA and consulting piece should be rooted out. In modern application development, they are more a blocker then enabler. Everyone gets confused when BA takes the stage, and people have a hard time collaborating... — read more 

For those who are ready to get laid or want to or are on that list and don’t care, let’s stand together at this meeting. It starts with one person. Once that person starts, we all need to jump in.

Upper management has pushed down the chain that a certain number of people must be put on corrective action effective immediately to ensure that they have a population to fire in Q1 in 2021 and hopefully are able to do so without layoffs and the... — read more 

HR unhappy that everyone seems to be on track to make their goals. Mandating that 10% be coded as off track i.e. same as BE at year end. So much for giving everyone a break as we deal with WFH and COVID!

Tomorrow you will receive an email from HR. Our base pay was based off of 37.5 hours per week. It is now going to be 40 hours with no adjustments to pay. The extra 2.5 hours were considered extra time. Then overtime after 40. This place gets... — read more 

So what's the real deal ? This pandemic made some of our EC leave . Are they all going to meet Charlie on the other side .

What happened to the “ding ding the witch is dead” jubilation? Just the same bîtching and moaning as before. Clearly Charlie should have finished the job at BNY before leaving. Looks like he’s learned his lesson and is going big at WF. The truth... — read more 

Beat on revenue and EPS. Market up across the board. BK -5.49% 😂😂😂

It is time to reallocate all my 401k BNY Mellon stocks to other secured mutual funds. This BNY stock is a joke - only depreciating since brought in long long time ago when I first joined this company because I want to grow with this company... — read more 

If anyone got BE multiple TIMES and still with the Bank, then there is something seriously wrong with the system. It's that time now to think about those managers who are playing fool with the firm.

Do we have any idea about the next wave of layoffs?

Telling staff their lines of business are safe.... then approaching regulators behind their backs to apply for offshoring. Could this be possible or is it office gossip? Weak management jumping to to tunes of greed.

We were told today that in NYC once phase 3 starts we are required to rotate going back to the office at 240. Same thing supposedly is going to happen in Pittsburg.

When Charlie was CEO, did you have an Enterprise Transformation performance objective? At Wells, he rolled out a Performance Objective around looking for ways to improve processes and efficiencies. Now we are waiting for him to roll out an Enterprise... — read more 

Is anyone else sick of all the overtime? my desk keeps getting bigger and bigger and the workload increasing. I’m thankful I have a job but I really don’t want to work 10 and 12 hour days every day, peak times would be ok but not most of the time... — read more 

This organisation is run in to the ground by folks with zero morals or ethics. It is one of worst organisations on the planet to work for. Yet the brazen executive paint a fairy picture. They are interested in one thing only...their own remuneration... — read more 

I’m curious, what qualifies as harassment by your boss? I’m not talking about s-xual Harassment, more harassment in the form of subtle bullying by your boss? Has anyone experienced this here? Further any thoughts on voluntary layoffs by the bank... — read more 

This will create a lot opportunity for US citizens to skill up and thrive Link: https://www.forbes.com/sites/stuartanderson/2020/06/25/trump-may-attempt-to-force-long-time-h-1b-visa-holders-out-of-us/amp/

Working at Wells Fargo now. Can you share how layoffs were determined at BNY Mellon when Charlie was ceo? How were you impacted? How did they determine who stayed and who hit the pink slip with the spans and layers initiative? Lucky you are no longer... — read more 

https://timesofindia.indiatimes.com/world/us/trump-suspends-h1b-h4-visas/articleshow/76519657.cms

There have been bulk promotions in June since last 2 years . Why the market adjustment takes place just one month before Merit .Is this some kind of Cost saving strategy or to retain the most talented employees so that they keep doing the mediocre... — read more 

Anyone have word on this and what management are supposed to do? Honestly, I think it’s better then BE even though they essentially mean the same thing but BE is more demoralizing. I want to get laid off so not on target is fine. Don’t say I’m... — read more