Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Good luck tomorrow everyone.

I'm pretty sure I'm laid off tomorrow. I won't miss the horrible moral at this place. But it's going to s— to say goodbye to people I have worked with for decades. Good luck on your next adventure.

The Committee For Better Banks

Maybe BNY Mellon employees could benefit from being involved with an organization such as this. The communication workers of America is one our nations greatest and most accomplished/respected labor unions. The CWA has championed bringing... — read more 

BNY Mellon stock

Now down 18.77% since Jan 2nd. I’m sure the layoffs will accelerate if this keeps up.

Layoffs have begun

Some people were already let go in Oriskany this week. More planned next week in this location as well

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| 2790 views | | 13 replies (last March 6, 2020)
Post ID: @OP+13IaMT9Z

Mass lay-off could happen!

JPMC is shopping for larger financial acquisitions , requirement is that BONY must reduce their workforce down to 50%, as of now they are done 10-15% next will be 35-40% lay-off. HSBC 35,000 and Deutsche bank 18,000. Bye now this not new to anyone... — read more 

BNY Mellon coronavirus plan???

Has anyone heard about any kind of DR plan in place for BNY Mellon in case of coronavirus? Goldman Sachs announced today that they are restricting employee travel to South Korea and parts of Italy. You would hope that BNY Mellon will have a... — read more 

Question...

How long do they keep contractors at ANY Mellon? I been working as a contractor for 9 months. I heard that they don't extend contracts beyond one year.

Contractors

How long do they keep contractors at BNY Mellon? I have been working as a contractor for almost a year. I heard that they don't extend temporary contracts beyond one year.

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| 840 views | | 3 replies (last February 24, 2020)
Post ID: @OP+13BGdQKO

Program Greenfield

Proudly making everything impossible for everyone everywhere since 2017.

Bankruptcy around the conner

Bank does not even have money to pay Sub by laying off people. It’s in very bad shape and cutting every corners to save money. Wake up people, HSBC is cutting 35,000 jobs. Working for bank is a nightmare.

Blacklisted IP

Anyone else getting this? I am not sure what happened. I have comcast internet, so one of their IP addresses.

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| 991 views | | 3 replies (last February 18, 2020)
Post ID: @OP+13yqq0n9

W2

I just want my w2 from this company so they can finally be a thing of my past; but no the dang on HR department has certain timeframes that you can request your w2. What a joke!

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| 760 views | | 4 replies (last February 18, 2020)
Post ID: @OP+13xmVBBg

W2 question

Does anyone have their sub pay included in box 1 wages?

Merrill Lynch picking off our talent

Not surprised to see our folks jumping from the sinking ship into lifeboats headed towards calmer waters. Let’s hope that more companies come in and pick us off before we are all under water. Oh please send me a lifeline Merrill Lynch, JP Morgan... — read more 

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| 1860 views | | 4 replies (last February 17, 2020)
Post ID: @OP+13wbebDx

The one question that still lingers in my mind.

I was laid off out of nowhere over a year ago. Life is fine for me right now and am happier than ever being out of that dysfunctional organization. The lingering thought that keeps arising in my mind is why the solid, close relationships I had with... — read more 

Bonus

Bonuses - anyone received? If so, what?

Sub pay taxes

I did my taxes and the sub pay k–led me so I have to pay federal taxes. When I was laid off last year they told me taxes would be taken out so it wouldn't effect me filling my taxes. Well, they were but they used code CD and now it changed my... — read more 

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| 1610 views | | 8 replies (last February 13, 2020)
Post ID: @OP+13sANw8Y

How to get laid off?

I am trying to get laid off, with a package. Any hints on how to do this? Should I put myself forward for selection, or make a few deliberate f*** ups ?

EMEA

Overheard this morning multiple EMEA office locations to be closed due to high cost factors. Changes to be announced imminently. It’s not just us folk in the US that are being hit it seems.

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| 1180 views | | 5 replies (last February 11, 2020)
Post ID: @OP+13riIKTA

Big Announcement this week...

Speculation that all bonus payments cancelled after emergency meeting on saturday. Is that true? Also, new top dog to be announced as outsider from one of Charlies ex places of employment to take the wheel??

Anyone get the letter from the Head of HR?

I just received this letter. Why was this sent all of a sudden? Is the this because of people feel they are getting let go because of Ageism (50+ years)?

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| 2110 views | | 6 replies (last February 11, 2020)
Post ID: @OP+13rVEZ1c

Bad attitude at bny Mellon

Just to give you an idea just how bad the attitude is at bny mellon, I once talked to an accountant there who was working on data in an excel spreadsheet. He says to me “1 plus 1 doesn’t equal 2, it equals whatever the hell it needs to equal in... — read more 

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| 1840 views | | 6 replies (last February 13, 2020)
Post ID: @OP+13pHtZti

Former employee

I worked and dedicated myself for over 20 years. I was part of a separation last year and miss working for the company everyday. For me, I was lucky enough to have great managers over the years. What upsets me the most is I post often for open... — read more 

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| 1920 views | | 8 replies (last February 10, 2020)
Post ID: @OP+13oLXrZl

Lay-off Not Coming

No lay-off as mentioned in this post but it will be similar to what it used to be.

Bonus for those laid off

I was laid off in September of 2019. Our team has historically always received bonuses. Would I still be eligible for one since I was working most of the year? The language in the sub packet touches on this but is not clear. I’m sure it’s up to their... — read more 

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| 1341 views | | 5 replies (last February 11, 2020)
Post ID: @OP+13oDvo3a

Bonus scandal at BNY Mellon

Lots of talk on here regarding midyear and end of the year reviews and all the BE’s people have been unfairly getting. People being walked out the door in an effort to save money on headcount. While all of this might be true, there’s another side... — read more 

Taking your voice

BNY Mellon is STEALING YOUR VOICE. They made me record my voice saying “at bny Mellon my voice is my password” for my initial account se up and now they TRACK EVERyTHInG I SAY. I’m on doing my tasks and I said to myself I’m getting behind and SECONDS... — read more 

Headcount slash

Big slash of headcount just around corner. Will be spread out to keep mass numbers put of news. So every location to see cuts. If you are in the organisaton 15 plus years watch out

Organize

About the only measure that would stop BNY’s odious treatment of its employees would be a union, and they would have no one to blame but themselves.

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| 1060 views | | 7 replies (last February 14, 2020)
Post ID: @OP+13mfVCEL

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