Thread regarding Bank of New York Mellon Corp. layoffs

TOXIC culture and WSJ must write an article about Robin and how he is spoiling the bank

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| 8947 views | | 20 replies (last June 6, 2024) | Reply
Post ID: @OP+1sktHBlO

20 replies (most recent on top)

Still waiting for the WSJ to print your email…

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Post ID: @ziyy+1sktHBlO

Nothing here merits a news story. WSJ is likely laughing at your emails.

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Post ID: @vogn+1sktHBlO

This entire company should be sold to Computershare in Australia. They actually know how to run a custody bank and shareholders would welcome the proceeds.

Time to put a stake in this zombie organization.

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Post ID: @ifkz+1sktHBlO

You can’t merge with a country. You can merge with a foreign based company.

Our hiring really would benefit from some engaged Human Resources professionals. Actually, if we could even get an HR Hiring rep to come into a BNYM facility ever for hiring it might be a game changer.

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Post ID: @idbb+1sktHBlO

Don’t worry. If there are valid concerns the Wall Street Journal will cover them accurately.

Don’t hold your breath waiting… I read the thread and I’m not hearing anything that merits a WSJ article. Just Operations people whining about their jobs. Utterly normal in any Custody Bank.

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Post ID: @ifsn+1sktHBlO

@9sjf

WTF are you even talking about?

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Post ID: @hdli+1sktHBlO

@bysk

Wow… so you’re saying that Senior Management are as racist as our employees that post here are?

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Post ID: @hwtp+1sktHBlO

You could write an entire story just on the early days of the CTOC. Total waste of money, incompetent and deceitful leaders, deceptive presentations to clients and prospects, etc etc.

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Post ID: @bnzz+1sktHBlO

First hand knowledge within multiple lines of business of some extremely toxic behavior:

  • Racism, and not the “woke definition” kind you may be thinking of, I mean the kind where you have senior people in leadership meetings down right calling minority employees derogatory and offensive names behind their backs
  • Metoo, as in senior people who have slept around, and may have easily used their position to influence this behavior and hide it under the rug. As one colleague put it to me, “this guy has slept with everyone”
  • Toxic behavior, senior members coming in perhaps still drunk from the night before and verbally abusing junior staff
  • Non-merit based promotions and good ole boys club based RIFs. As it was relayed by one head of a division, “you need to let [employee] go to demonstrate loyalty to me”

There is a treasure trove of toxic material within this company that any aspiring or experienced journalist within this industry could make a name for themselves digging into and exposing

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Post ID: @bysk+1sktHBlO

I think it's time for the BNY name to retire if there's a merger

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Post ID: @anzb+1sktHBlO

@goj

Thank you for a thoughtful and literate post. They’re far too rare here.

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Post ID: @aanr+1sktHBlO

@iyz Goofball you can’t merge with a country

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Post ID: @akbk+1sktHBlO

It. could be. Ultimately Northern Trust and/or State Street will merge with us for sure.

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Post ID: @aolo+1sktHBlO

Drama queens abound here.

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Post ID: @9xap+1sktHBlO

I have thought of this as well. Rowan Farrow, anyone?

The unethical callous and brutal things Robin Vince has done to workers whose lives he has ruined (while enriching himself) has to be told. No need to be cruel back to him.
Just say factually what he did.

Definitely needs eyes and ears on this human rights fiasco, and laws changed immediately to protect benefits and money owed as a reason for layoffs.

Criminal if you ask me.

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Post ID: @9sjf+1sktHBlO

Only @goj is employable.

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Post ID: @cit+1sktHBlO

Three completely illiterate posts.

Total nonsense.

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Post ID: @zsq+1sktHBlO

@goj Yea, a merger with India.

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Post ID: @iyz+1sktHBlO

You're not wrong about the toxic culture. But the WSJ is a private entity that can publish pretty much anything it wants.

That said, I'm convinced that Robin was brought in by the board to slim down the bank in order to prepare for some type of a merger or acquisition.

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Post ID: @goj+1sktHBlO

So true

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Post ID: @fhw+1sktHBlO

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