BNY Used RTO, Performance Reviews to Cut Jobs: Ex-Staffers
The firm has consistently reduced its headcount for the last six quarters, regulatory filings show. Former employees told Ignites how they were pushed out due to unexpected poor performance reviews and forced relocations without benefits.
This! Amen! And it isn’t just Pittsburgh. It’s NYC and every location in every state in the USA. What the OP needs to also point out is that headcount has been reduced over the last 8 quarters BUT—— you cannot go by that alone. You need to see the just the headcount in the USA for US workers in these local cities and states before and after. THAT is where the numbers become absolutely glaring and wrong. This RV Management likes to say the bank is keeping labor levels near the same. But if you dig in you readily see that it is Indian labor replacing US labor. RV and BNY are trying to have their cake and eat it too. They force US workers on unemployment while enjoying tax breaks and sweetheart credits and real estate breaks. There is no accountability to eliminating US workers and the labor laws protecting them in order to get these tax breaks and perks. Does any congressman think its ok to ruin Americans and the economy while getting fed and state to foot the bill? Its going to be real funny having a tax friendly and rent credit location with a small skeleton crew in say Pittsburgh or NYC while the true labor force is in India.
Great place to work? Yeah if you are in the top of the house
So has anyone reached out to the author of that article for Ignite. I have tons of emails showing audit trails confirming what they did to bah, ratings, merits and what they plan on doing again. I’ll gladly hand that sh-t over if we can get exposure
@ae RV is not for americans. Exact reason why is a-s shouldnt be overseeing an american company and we shouldnt lose jobs to foreigners sorry not sorry. Our govt needs to step tf in and shut this sh-t down
And your lovely people solutions team already sent communications out they plan to do same thing with headcount 4th quarter and ratings will be falsified again to meet that. Not sure how ita legal when they are costing people jobs, severance and merit doing this. We need an attorney to step forward and speak on this as well as the media. Rv is a sc-mbag
They should lose their tax breaks in Pittsburgh but city leaders are too d-mb to see what’s happening, and the media within the city have their head in the sand
It is a shame. It used to be a great place to work. What a crime
Bny onboarding 187 interns across India 40 Chennai and 147 in Pune.
WHAT ABOUT AMERICA !!!!!!
Hopefully by the end of the decade Bank of New York Mellon is out of business for its terrible practices on its employees. It’ll be a great day!
Whole site is behind a paywall.