I’ve heard there are mandatory BE numbers.
Topics regarding layoffs at Bank of New York Mellon Corp.
Especially if you are a young person just finishing up college. Don't waste your time being an intern or getting a job at BNY Mellon. You will regret that decision in less than 6 months I promise you that. You would not believe the dysfunction and... — read more
Big week coming up.
Has anyone heard about when the majority of different locations will be returning to the office? January? March?
I want the package. 2 months' severance pay for no work sounds good to me. I'm at a place in my life where I'm planning to leave soon anyway and take a few years away from the workforce to pursue other goals, so why not get a package on my way out?... — read more
Are there any other women in particular or any individuals out there who feel muzzled by their male colleagues due to ego issues? I’m so tired of it. Several instances of speaking up about something and told it’s not a concern and later found to be... — read more
When a phishing email test is distributed to employees, it is not appropriate to warn the employees to NOT click on it. It defeats the purpose of the test. Instead of employees learning how to think for themselves, you are creating a bunch of... — read more
Ask around — now anyone marked for layoff or laid off will be able to be recalled for an even sh–tier job. And if you decline you lose your severance.
People don't trust anyone @BNYM, even if someone acts like very close friend of yours, these are hungry ghosts spying on you to protect themselves. I know not many do this but some poorly skilled and badly raised people with cheap and greedy soul... — read more
What a bunch of propaganda. I heard the same things 15 years ago, and 4 CEOs ago. Bla bla bla diversity. BlaH bla blah engagement. Blah blah blah.. Blah blah blah expense reduction. & what a bunch of hand picked softball questionS.
With the potential to not go back this year, chances BNYM continue to not lay-off into 2021?
These are the law firms that represented IBM employees in a class action age discrimination lawsuit that IBM lost in court. I got the information for a journalist who wrote about the case. Have fun! Attached is the EEOC determination letter... — read more
Check out the following... — read more
What’re people thinking?
I hate to write this.... But it’s a truth facts Working with them is a real pain as they takings their own sweet time to process!!!!
I was a BK employee for almost 20 years. I finally left (on my own) and have been at another firm for about 8 months. Best decision I ever made. I struggled with the decision. Should I stay despite the pathetic leadership who have no integrity?... — read more
Major layoffs coming. assessment currently underway, drastic overhaul of the service delivery model coming. I’ve been asked to put names in boxes and put forth names for termination.
With a 9 months of it, I cannot believe how poorly it is run. Zero leadership and back bone by some of the senior management. Very odd back slapping culture. Lots of talk about female leaders (which I support) but the females picked to represent us... — read more
Make no mistake, as a result of the pandemic, the global economy has been hit hard. The reality is that over 45 million Americans were forced to file for unemployment, and numerous high profile companies were forced to file for bankruptcy... — read more
How come there isn’t any comment here about BE taking over ops? Posts removed by moderators? We all know what’s going to happen next.
I heard a team was being forced back into the office on 9/14. This is soo ridiculous considering they said they have been working fine and effectively since March. Supposedly, HR requests are being denied for those whose children have remote learning... — read more
There’s actually an article on LinkedIn that says so. The solution isn’t to do anything about the prejudice job recruiters, the solution is to take the names off of all the resumes so that all the job candidates are anonymous. Doing so will lead to... — read more
If you are afraid of being fired or lay-off, don't try to be right
It’s disgusting what this company gets away with. For those of us who work 37.5 hours a week and are now required to work 40 you just got screwed yet again. They get 2.5 hours more work out of us us per week but have adjusted our pay. According to HR... — read more
If the position is strong why there is a need to hire . They are looking at the hiring budget when they say We have a strong balance sheet and are well positioned in the market place. We will both continue to prioritise our strategic investments and... — read more
https://www.financialexpress.com/industry/banking-finance/bny-mellon-looks-to-add-up-to-10-to-13000-strong-employee-base-in-india/1867285/ How is india staff doing there? Is quality ok or absolute c-ap?
Any former or current BK employees able to comment on what secerance package was offered by BK when they axed employees? Did you try to negotiate? Did you succeed in getting better terms? What about litigation? did anyone go down that road... — read more
Apparently new & pending hiring has to be approved by Todd and the EC. Since they are supposedly not doing more layoffs in 2020, my guess is this is a way of implementing a hiring freeze without saying it outright.
Since Frank behlmer left sounds like everything's gone downhill. Should have used his model, it worked exceptionally well. He was thankful to have a retain good talent. Good luck, glad I was let go! Life is so much better!
Heard that there's mandate coming from above for another 10% round before the end of 2020. Can someone confirm? Is it the truth or a rumor?
Hi all, anything mentioned in the all hands today? Wasn’t able to attend.
New to WF hired this year feb & received a fabricated 2 rating made to look incompetent. How long before I'm let go?
Why does BNY Mellon alway treat its oldest and most loyal employees the worst? People who have been with the company the longest? Do you know of one other company that cares this little about those who are directly responsible for the majority of its... — read more
If this joke of an organization somehow survives this whole pandemic, it would be a miracle. It's been a dinosaur of a company for so long with fat cats stuffing their wallets with whatever revenue was generated. The actual heart and soul of the... — read more
Someone said on another post that it’s capped at 2 months now? Can anyone validate or confirm how much the layoff payout is???
If BNY thinks itself a TECH company, then BA and consulting piece should be rooted out. In modern application development, they are more a blocker then enabler. Everyone gets confused when BA takes the stage, and people have a hard time collaborating... — read more
For those who are ready to get laid or want to or are on that list and don’t care, let’s stand together at this meeting. It starts with one person. Once that person starts, we all need to jump in.