Ok folks...who they gonna announce as new top dog? Which cxnt habe they lined up?
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
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
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
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
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?
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.
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
The layoffs in Pittsburgh have already begun
Right at 8AM
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.
Breaking News!!! 2nd December to January
Lay-off moved to January from 2nd December, still, a lot of re-org going.
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?
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 :(
For some Gallows humor - take a look at the Wells Fargo Layoff board
Sound familiar? Layoffs, hiring JPM people - even hired Bill Daley (again)!
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.
Look for VVV on people's skype names
It means R. I. P.
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
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
Why are they asking for everyone’s ID in the lobby at 240G today?
So that disgruntled laid-off employees can’t get back in the building? As if they would want to. Anyway, don’t they take away your ID card?
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
Are the layoffs confined to today or will they be ongoing?
Anyone have any info in this regard?
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
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.
They are taking inventory of everyone’s computer equipment and re-verifying flexible work arrangements...
Preparation for the upcoming layoffs.
RSU/Options
Is anyone aware of the impact on options and RSUs if you are collecting SUB payments..?
Bank of New York Mellon Layoffs 2020
What are your thoughts about potential Bank of New York Mellon Layoffs 2020? Any news or rumors?
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