Thread regarding Bank of New York Mellon Corp. layoffs

What is this feedback at bny rubbish? Do we need to do it?

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| 6968 views | | 18 replies (last August 25, 2024) | Reply
Post ID: @OP+1u8Y1NjC

18 replies (most recent on top)

Managers are changing and can change your reviewers. This is a joke! What’s the point in selecting our own reviewers?
Dear manager- select them for us from the start and save us time

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Post ID: @3zki+1u8Y1NjC

No, you don’t need to do it. You can continue to do nothing as usual. Apologize for waking you.

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Post ID: @1dwd+1u8Y1NjC

Read the instructions 3 times and take the average of your understanding.

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Post ID: @1oci+1u8Y1NjC

@czr

“Just another”.

Remember, there’s never a charge for University of Phoenix graduates…

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Post ID: @1udf+1u8Y1NjC

@cz

“Just another”.

Remember, there’s never a charge for University of Phoenix graduates…

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Post ID: @1wzo+1u8Y1NjC

@1xmy

So… just how many are there in yours year end assessment?

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Post ID: @1kfz+1u8Y1NjC

According to my manager, she has to use it in ours year end assesment, so not sure if its voluntary.

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Post ID: @1xmy+1u8Y1NjC

If you don’t select people, the system does it for you. Like who would pick people likely to give a poor rating? It’s just silly.

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Post ID: @zdd+1u8Y1NjC

Well It’s about time!

All of the layoff targets that we need can be found in the 8 redundant levels in middle management. Robin Vince could be a hero to Wall Street, shareholders and employees by cutting the 8 layers of do nothing redundancy.

One thing about Charlie Scharf… he was right on about excessive layers of grossly overpaid middle management.

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Post ID: @wpn+1u8Y1NjC

It’s RV and top management’s idea that they can use an ‘Angie’s list’ style review from the community to rate people. And why? Because RV and top mgmt. believe there is too much middle management not adding value. If any L3 through L5 levels can be replaced by a ‘it takes a village’ mentality, then it’s more money saved and not spent. After 9/16, this will be the new justified reduction opportunity.

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Post ID: @ror+1u8Y1NjC

Its not mandatory. Just a other thing they encourage you to waste time doing but you dont have too

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Post ID: @czr+1u8Y1NjC

It’s not ‘mandatory’ but your participation is being tracked. It is also RV’s own initiative and idea so you’d best believe he’s going to track who did it and who didn’t.

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Post ID: @stb+1u8Y1NjC

There is literally 50+ multiple choice selections. This is insane?

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Post ID: @llt+1u8Y1NjC

Another tool to check who needs to be fired.

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Post ID: @hnx+1u8Y1NjC

I was told if you don’t select who you want to evaluate you, the system automatically will so you’re better off selecting who you want to evaluate you. I was told it’s just a few multiple-choice questions…

It’s all d-mb. Just like the whole review process. Just select the people that you think will give you the best evaluation.

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Post ID: @res+1u8Y1NjC

It says it's not mandatory, but Mike Keslar just said that participation will be watched closely, which I would take to mean you better do it unless you're ready to quit and just don't care any more.

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Post ID: @dxx+1u8Y1NjC

if you don't select your "raters", your manager will.

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Post ID: @pbu+1u8Y1NjC

I’m seeing conflicting things if it’s mandatory or not

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Post ID: @fwr+1u8Y1NjC

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