In addition to having to work in one of the most horrendous, disgusting companies in the world with nothing but absolute fluff in positions (undeserving titles) I have to address 240 Greenwich. What a dump. The whole open space working environment... — read more 

I was laid off at 59 years old. Now I have no medical, dental or life insurance. I find out today that cobra insurance cost 600 a month and life insurance will cost 250.00 a month! How is a person supposed to do that? They screwed us very badly. ... — read more 

Compensation will be a last frontier in the onslaught of technology on finance. —— https://www.bloomberg.com/news/articles/2020-01-13/traders-unlearn-bonus-culture-as-machines-invade-wall-street The End of the Bonus Culture Is Coming to Wall... — read more 

How is AS doing under Emily portney?

Even if there will be lay-off , those who are honest and brave will be shown the door, BUT cunning and con artist will still survive till the doomsday!

Does anyone have evidence of layoffs scheduled for week beginning 13th ? Or is it all speculation? If true what is the evidence and what locations impacted.... USA, Europe, India.... ??

The latest round of layoffs are supposed to start Jan 13th 2020. Good luck everyone. Everyone may be wondering why upper management has instituted a new policy of forced ranking or 10% of all staff MUST be receive below expectations on his/her... — read more 

Several Are gone today in Tech. To be continued not just next week but through the year. There is a trend to oust legacy employees.

Rumor has it that Jarrod are happening there week off January 13

To those recent college grads in need of a job. Take Bny Mellon off your list. They’re shipping jobs to India, the pay is brutal, and upper management, out of boredom, makes you complete irrelevant tasks. My group of 30 got got knocked down to 13... — read more 

Anyone know how many getting cut with outsourcing of doc custody?

I understand that the situation here is bad and people have had enough, but do you really think it's better elsewhere? Name a bank with better working conditions that BNYM? I'll wait. You can't because this is it. This is industry-wide, and... — read more 

How many managers you know who has friends in high places that could get the work done easily . How many Manager go on smoke breaks half of the day to discuss strategy with their teammates and during these breaks the teammates one of their... — read more 

Why are the posts written so poorly? Very weird.

Honest question.

I remember someone said it's delayed to summer?

Looks like the mesaage is no more layoffs in 2020.

I was researching online and i saw somewhere that you may not get unemployment benefits if you don’t sign the performance reviews. Does anyone know if we don’t sign off if we don’t get our SUB pay & unemployment benefits?

Just curious, for New Yorkers who got laid off, how was your experience with NY unemployment? Did they approve you quickly? Did you collect immediately? Did they make you come into the office? How long did it take you to get a new job, and if you got... — read more 

Someone mention this before but what exactly does this mean? Does this mean someone who came to BNY from PFPC acquisition is entitled to 6 weeks of sub pay for every year employed?

It's been almost a year now that I was cut from BNY. I am almost 60 years old and been with the company for 23 years. I thought it was my forever job and retirement was just around the corner. Not the worse thing that could ever happen to me. For... — read more 

Heard there were more layoffs coming in January. No surprise here. Can’t take it anymore here. I’m 60 and with the company 30 years. Despite getting good reviews and working my butt off, my manager told me to “be prepared for the worst”. How can... — read more 

What are the salary amounts for the various letter grades at BNY for the US?

I understand the program is nowhere close to where its supposed to be in terms of meeting its objectives. Greenfield has turned into an endless money pit where millions are spent, but the intended return on investment is never realized. I guess... — read more 

Folks lists are getting ready, some team started bringing in some consulting companies to handle the mass lay-off post activities.

Politics, utterly toxic work environment, bosses who treat their employees like dirt... I'm surprised everybody at BNY Mellon is not on some kind of anxiety medication.

When layoffs are determined 1 step above your manager, as they often are, then ratings usually matter little.

Who else got it?

Seem familiar? https://www.npr.org/2019/12/20/790101370/french-telecom-company-convicted-of-moral-harassment-after-employee-s–c-des?utm_medium=social&utm_campaign=npr&utm_term=nprnews&utm_source=facebook.com

Why are the senior management in this organisation incapable of making country managers accountable? We continually hear about values and the expectation to challenge. However, local management laugh in the face of this or certainly do not act in... — read more 

CFO of TS has no finance background and in a cost cutting environment moves his low cost location Pittsburgh manager to high cost location NYC when all of her direct reports are based in Pittsburgh. Let’s cut jobs to pay for that.

Weak middle management is forming a strong alliance to protect themselves from being laid-off. I saw few middle management taking off around the same time to meet secretly to plan how to form a strong alliance so that no one from upper management... — read more 

Why have some topics been removed? Very interesting that the one on BE ratings is gone.

The company are engineering good employees in to the BE 10% quota. Statistically aprox. 75% of employees that receive BE have departed the bank. DO NOT LEAVE. Instead go down the HR grievance route and refuse to sign off your BE rating. They will... — read more 

There's a good reason why other banks don't mess with crypto. There will always be some level of reputational and compliance risks associated with doing business with companies invested in cryptocurrency. But since when has reputation and... — read more 

Let others know what it's like to work for bnym on Glassdoor and Indeed. Both sites are anonymous.

So I had heard that the branch area in which I work will be having a day where we will be having to close for the day and when it’s closed it will be on December 25th. The hope is that, they will take the time, to look into, cost cutting during that... — read more 

I heard from a very credible source (my direct - Senior Management) that individuals with BE.. and even achieved ratings will be targeted the week of Dec. 16th and also Jan 14 and 15.

https://www.pionline.com/money-management/mellon-lose-active-equity-co-cio

1,500 to be cut. At least their upfront. https://www.foxbusiness.com/markets/morgan-stanley-layoffs-coming