Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

All Hands Call today

Ok folks...who they gonna announce as new top dog? Which cxnt habe they lined up?

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| 2460 views | | 3 replies (last December 7, 2019)
Post ID: @OP+12nLXdWn

Layoff half of IT

I am an IT person who was let go 5 years ago after 32 years. Cutting IT staff in half? Who is going to support those old COBOL programs, many missing source, that support billions of dollars of business? Deconstruct them into COBOL - I saw that... — read more 

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| 2000 views | | 3 replies (last December 6, 2019)
Post ID: @OP+12m3XQ59

BONY has an ugly history

In case you missed it, Yahoo finance posted a very interesting article regarding some of BONY's ugly history. It talks about one of the longest most hostile takeovers in American history, the merger of BONY and Irving Trust. That merger allowed the... — read more 

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| 6390 views | | 7 replies (last December 5, 2019)
Post ID: @OP+12m1xeLj

Bri...t Eng.. CIO Award ?

It’s the top honor now in IT. Unsurpassed, unmistakable, unsurpassed (used 2x !!) and remarkable are the superlatives to describe our leader. I’ll cut staff in half !!

Sick Out December 16th

The only way management will take it’s employees seriously is for the employees to band together and fight for better conditions. In a show of support for everyone being put thru this c-ap, call in sick 12/16

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| 2080 views | | 8 replies (last December 6, 2019)
Post ID: @OP+12mtMUg1

Fake News

What’s the latest fake news here? Seems like that’s all we see on this site. No real information etc. lots of moaning and throwing around big numbers

Middle management is the real problem

Anyone below third level from top and just above people who does the actual work must be terminated first but that did not happened. Instead , these middle management targeted the actual hard worker that actually builds the company ... — read more 

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| 1960 views | | 5 replies (last December 9, 2019)
Post ID: @OP+12l2xi0P

Layoffs or Sensationalism

Laysoffs in the thousands .... a joke. Not the first time either. Any credible posts on here? There are been a handful of layoffs globally. Sensationalist site

Brooklyn office

Was the news about not renewing the lease on the Brooklyn office for next year fake news? Lot of employees left in Brooklyn now that it looks like lay offs aren't actually going to happen. Anybody know whats actually going with 2 Hanson Place?

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| 1411 views | | 2 replies (last December 5, 2019)
Post ID: @OP+12kacKGj

Claude Worthington Benedum Foundation

Google that term and “BNY Mellon” to see how low this company will go to get money. Sticking it to a charitable foundation? Seriously? So much for “corporate social responsibility”. What a bunch of dirtbags.

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| 940 views | | no replies yet
Post ID: @OP+12kuq8qU

What a horrible organization.

I am so glad to be away from this nightmare of a place to work. The idea of hard working individuals living from month to month, week to week, and day to day having to worry that their lives will be turned upside down because they may be walked out... — read more 

Total Body Count?

Anyone got the number? A lot of talk of 1000s but based on reading this and talking to coworkers barely even close to 100. Zero on 14

Do NOT sign BE PMP

All, if you got BE do NOT sign off your PMP. Something is pending on this with a group of employees that have got together. DO NOT sign off.

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| 3080 views | | 8 replies (last December 2, 2019)
Post ID: @OP+12i4iIjc

Nor’easter

So with this impending storm in NYC Sunday into Monday...if one slated for the chopper is WFH what happens? Fired via phone? Cut off access etc?

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| 2520 views | | 7 replies (last December 5, 2019)
Post ID: @OP+12htyPhY

Below Expectations

Excellent year. All targets met. Monthly one to ones were all great...... bombshell dropped that im in BE. ..... no real explanation. Emotional and mentally drained, violated and drained. Not in a good place :(

PMP Sign Off

If you work hard all year with no issues and all of a sudden you are tolding you are in the 10%...... do you have to sign off your PMP? Options and advice please? Have 3 colleagues in this position.

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| 2140 views | | 8 replies (last November 29, 2019)
Post ID: @OP+12fxHWxC

BE rating

Is it concrete that you’d get laid off if you got a BE rating last quarter/performance review? Planning ahead for Monday..

MSS internal web

Ok...here we go. Talks of huge redundancy program, PMP time, 10% forced BE rating, bonus time, pay rise time....... So what do BNY do only change the format of the internal web so content is displayed differently. This means all the negative... — read more 

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| 1920 views | | 3 replies (last November 27, 2019)
Post ID: @OP+12d20bcT

BNY “PropagandaNet”

Instead of sharing candidly written employee posts on the corporate intranet home page, they are now displaying only ‘nice articles.’ They aren’t brave enough to let employees share what’s really on their minds with other employees. This is... — read more 

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| 1880 views | | 5 replies (last November 27, 2019)
Post ID: @OP+12dZVJaM

1,500 - 3,000

Santomassimo said $100-200m in charges on the Q3 call in October. They took a ~$140m hit on severance charges a year ago when 2,200 were let go. Back of the envelope math works out to about $64k per person or 6 months of severance + benefits. Per... — read more 

ONLY AT BNYM

Only at BNYM: would you be asked to fill out a Technology survey and get error message when clicking on the link to take the survey would there be a "celebration" of 150 years in Pgh, 2 weeks before the annual mass layoff the Monday after... — read more 

The List!

OMG..... its almost full, 4313 so far.

Dublin Office

Interviewed in Dublin office. On face of it, looks like a dreary place to work. Reports online not too promising either. Office appears to be run by misfits. Was offered 3 jobs from 4 interviews. No word back from the 4th, BNY Dublin. Very... — read more 

A Poem for the Terminated

Roses are red Violets are blue The BNYM ax man cometh for you Whether It be year one or year twenty Chop he will plenty Young and old he care not one bit He will show no mercy because he doesn’t give a sh*t Whether it’s Charlie or... — read more 

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| 1820 views | | 6 replies (last November 25, 2019)
Post ID: @OP+128UiPda

Layoffs 2019 Q4

Just let go? Please tell us the date, location, department, and maybe how long you worked for BNY. Here’s hoping you got a separation package, and can take time off for the holidays, then find your best job ever in 2020. Good luck everyone! — read more 

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| 2100 views | | 2 replies (last November 23, 2019)
Post ID: @OP+12706cQE

Let go this morning

Called in and told I am gone. Was told this round is going to be big ans its not personal. Told 5000.

Payrises

Everyone left after December is getting 15% pay increase apparently. This applies in the USA only.

RSU/Options

Is anyone aware of the impact on options and RSUs if you are collecting SUB payments..?

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| 1261 views | | 2 replies (last November 23, 2019)
Post ID: @OP+1251hJSG

Retirement age ?!

Is there a retirement age in BNY Mellon .I have seen people as old as 65+ still employed with us . I do not have issues with senior people working in BNY Mellon but I have a hard time convincing them to get the job done . They are the Grandparents of... — read more 

Negotiated severance ?

I am getting mixed messages on severance. If you find a new job, it stops? Can this be negotiated? Thanks all

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| 1890 views | | 6 replies (last November 29, 2019)
Post ID: @OP+124y78OG

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