VERY BAD CULTURE.
We used to speak very openly. EVERYONE is scared at all levels. No one know when their turn is and only favorites (GS people) will stay and everyone will leave. CIO will be gone soon. P-M model su-ks. No one knows what to do but no one tells the truth. Productivity improvement is a myth and in fact, it went backwards. BUT ROBIN says things are great in town halls. I am with the bank for the last 11 years and never saw this culture.
I hope senior management is proud of themselves! None of them should ever work at another financial institution ever again. They should all be blacklisted!
I think that you may be looking for the LG layoff board…
https://www.thelayoff.com/lg
Allow me to guess… University of Phoenix grad?
Interesting post - looks like BNY is pi----g off their own employees. Not good
I thought that Roman Regelmann spent six years on eliminating all FAXes.
Or wait, maybe he only did that on Linked In…
What are you even talking about with “HQ moved to Pittsburgh”.
That would be far too intelligent for Robin to do.
@vnk Have you used IMMS? Formerly called TAS, still in use.
@vnk You’re an id--t. If I could attach photos I’d show you the pics from my office with about a dozen fax machines that still are ringing and receiving faxes.
The problem is there are a lot of senior managers who are toxic and completing ineffective if not straight up yes men focused on nothing more than their image. This is compounded with the fact that lower level management isn’t trusted to manage their teams.
He-l no the processes didn’t improve after the BONY Tech teams dragged us back into 1982 Lotus Notes. We had been on friggin Exchange in 1994 with the Microsoft Early Experience program.
BONY had an instinct that forced them to buy low functionality Computer mainframe solutions that were technological dinosaurs.
Mellon dragged BONY kicking and screaming into the post Y2K era of high tech distributed applications. Mellon had real-time load balancing with geographically load balanced data centers. BONY had a child like banking server that was down more than it was up. With no load balancing. Took two years to fix it after 9/11. Without Pittsburgh BONY would have gone under.
All that BONY contributed was d-mb questions
@aal, DOS mainframes??? You're pretty clueless.
It's also funny that you mention JPM. I've had to call them 4 times with issues with my $100 rebate card LG issued me for buying some appliances. Their systems made me enter the serial number of the card then I was transferred to an operator who made me read it to her. She emailed me a temporary 6 digit activation code and transferred me to a voice activated system where I once again had to enter the serial number and the temporary activation code in order to set up a new 6 digit activation code and a 4 digit pin. They had my name, email and phone number from LG but that wasn't enough to activate my card. They had that $100 locked down tighter than Fort Knox with their antiquated systems.
And we haven't had any fax machines in years. We still need to deal with customers who are using faxes but we do NOT receive or send them on fax machines.
@otj Some of are heritage JPMC. We went from using top notch systems and processes to being sold to BONY and going back to using DOS mainframes (still used today) and filling out PAPER forms in triplicate and mailing documents to Pittsburgh to be scanned for us (instead of scanning for ourselves) which is still a process done today! Docs that could get lost in the mail! And we still to this day have antiquated fax machines all over and they’re still USED. The processes didn’t improve with the Mellon merger. I don’t see that Mellon was any more advanced, but maybe they were just overwritten by BONY procedures.
Bunch of yes men and women. Markets is a joke. Clownshow
The company culture went down for good when Mellon was acquired by BONY, the Bad Bank of Renyi with his Russian money laundering schemes and other shenanigans. Then in year three they looted Mellon’s overfunded Pension Plan and left us with pennies on the dollar.
just laughable and at the same time pitiful
Robin definitely deserves a lot of the blame but I'm starting to wonder if these issues are systemic. Has the CEO always worked in NYC since HQ was moved to Pittsburgh? Seems like we can't decide if our culture is BONY or Mellon
The BofA era was fun.
She cashed in her options day one
Then Gidget got mired
In Greenfield and hired
Offshore OPs to follow the sun.
Many of my colleagues have lost confidence in Bridget and Sabet —TSG failed leadership. 240 years of rich culture down the drain. Sad shameful bunch following the way to Robin’s train wreck.
It’s been that way since BONY, the bad Bank, bought Mellon, raided the pension and threw table scraps to Pittsburgh.
Bridget is a good leader I worked for her at Bank of America
What is happening to BNY Mellon?
useless software engineering guy was hired who knows nothing. He was fired twice and this bank don't seem to do background checks. I am in pittsburgh and he is telling stories exactly like Mike and convinced Bridget, Jeremy to nominate him for the role. What a joke. Robin should wake up and see what is happening in the "engineering" space. new guy doesn't know anything about the bank. I am a new developer joined 2 yrs ago but I clearly see the way things are going here.
who is driving all this? what is board doing? this is exactly what happened to cognizant. the ceo was fired and got a new one. looks like bny will deal with that soon.
you are 100% right.