Was let go last year because of the bs false BE rating that all managers “fight” not to give. True leaders won’t even think about playing these game, but the managers here use it as retribution to those that don’t “kiss their ring”. Best part of... — read more
Topics regarding layoffs at Bank of New York Mellon Corp.
I’m so sick of see constant complaints about mgmt. do you know how much c▯▯p they have to deal with from people who are late constantly and can’t do a job they’ve done for several years. In top of it when something is messed up who do... — read more
For those who have worked at major financial institutions, which one is the worst and which one is the best in your opinion? This is the first company I’ve worked for and I’m actually thinking of finding work elsewhere. Not because I think it’s a... — read more
You’re a number. That’s it. If you are an all star, they will keep you. If you are not “innovative”, you are on a chopping block. Those are just the simple facts. I was axed 2 years ago, and will say that the grass is greener. The days of working and... — read more
I joined BNYM about six months ago and I seem to be the only one on my team who is not terrified of losing my job. I swear, everybody is always scared and nobody dares complain or even talk to the manager. For the life of me I can't understand how... — read more
What is this bs that "due to higher staff expense, due in part to the appreciation of our stock price associated with equity awards" As a company we are struggling and then again it reflects society - where the richer get's richer and poorer get... — read more
When I found out I got laid off, I was shocked at first. I felt really devastated but I realized that people always ask "Why did this happen to me?" instead of "Why wouldn't this happen to me?". My mistake was that I thought it would not happen... — read more
I can’t describe how I felt when the person that taught me how to do the job was laid off. Absolutely unfair. She deserved to stay at work more than anyone in my group. BNY Mellon definitely makes completely irrational decisions. I was put in an... — read more
Have any of you refused to sign their bs after being laid off and sought advice from an attorney? Yes we know any company can lay you off for whatever reason blah blah but the false ratings given to do it without warning of a performance issue isn’t... — read more
three, four, HR won't even show you the door (bc you are WfH) five, six, too many problems to fix seven, eight, don't try to contemplate nine, ten, shipping your job to India again...
I have been employed here for 17 years.. I can say without hesitation that this is the worst I have ever seen it. Senior management could care less that departments are drowning with work, due to layoffs and not replacing staff. It’s just a matter... — read more
What's the situation with layoffs? Will there be a continuation today or have they notified everybody who is affected yesterday? There's so little info on these cuts and no official word that i have to ask here. I really wish there was more... — read more
How many more knowledgeable people are they going to keep getting rid of? Oriskany is losing people today . Anyone else ? All while they say they sent too much to india. 70% of work was shipped when they cannot have more than 50% there and have to... — read more
Who wants work for BNY ? Me, me me; if they have capacity to pay 250k a year or else don’t even try me. Remember you laid me off!
What do you think? I'm guessing earnings will be around $1 but after another few hundred million write-off for re-orgs and legal fees we'll miss estimates and the stock will drop 5% for a few months like it always does.
we are bombarded with corporate junk mail we have to attend a litany of useless ‘town halls’ with no action required (other than working faster to compensate for The lost time we have to take ineffective Pluralsight training on technologies... — read more
My team was so understaffed and I thought that there was no more room for layoffs after they laid off some of the best people I have ever worked with. And then I relaxed instead of looking for a new job because I thought the likelihood of me getting... — read more
Lately I'm seeing more and more of my colleagues losing their jobs. I talked to a few of them and they all told me that there were absolutely no signs that they would be laid off soon, for example empty table syndrome, subtle changes in superior's... — read more
It's been months and I still haven't found a replacement job. I'm at an age where I'm still too young to retire but at the same time nobody will give me a chance to start over (and realistically, I don't even know if I could.) All my plans for the... — read more
I DO make more mistakes now than I used to, which are due to the fact that the requirements for doing my job have increased: a) in complexity, and b) in sheer volume due to loss of staff members in my group that were not replaced. Let me also state... — read more
Does anyone know of the next round of layoffs started today? There are rumors that this is the week
Employees at BNY Mellon don’t work to live, they live to work. They don’t know how to separate personal life from professional life, it’s all one in the same. That’s why they act the way they do. Working for BNY Mellon IS their life, because... — read more
No sarcasm, please. I am curious as to what is to be expected for those of you that have been laid off. What was the procedure? What did you sign? What did you not sign? What do you suggest signing and what do you suggest not signing? What does the... — read more
There's no point in wondering if there'll be layoffs in April, May, June or next year. The answer is always going to be yes. What you could be asking is where and how many if somebody in the know is willing to share but just askings if there'll be... — read more
How long until we hear word about how important it is for us to return to the office in person? Google made an announcement today and the WSJ has a feature article on the same topic. (I know this is not related to layoffs)
If it’s true then only certain business units will be affected. From what I heard, finance upper management told their remaining staffs after the January separations that they were safe for the rest of the year. Now I wonder if they were lying to... — read more
Update: I learned that the gift card I received is added to my total pay. The issue I found is that the added value to the total pay I received for this time period is much, much greater then the actual gift card.
I’ve never made more mistakes than I have lately. Fortunately, they are small errors that I notice immediately and that can quickly be corrected, but all the same, it never happened that much before. Decline in motivation, stress, work overload... — read more
Sometimes it feels like high school all over again. Coworkers acting like it’s a popularity contest. Bullying here and there. And let’s not forget about those who backstab and gossip when you’re not around. I hate that I have to work with people... — read more
Is there any truth to layoffs in April. I heard they were coming. It's crazy, I don't know any team that can spare a single person.
Lots of communications emphasizing the digitization efforts, but have they accomplished anything tangible?
A lot of people are complaining about the increase in workload since last year and I believe them. Admittedly, that's not my case but I don’t know how they could give me more work when I’ve already been working so hard for a few years now that I... — read more
I was laid off but have recently started a new job and I am trying to rollover 401k from BNY into my new employers 401k. The website provided by BNY NEVER seems to work and I cannot logon to access old 401k. Has anyone else had this problem?
My opinion is that the goal of surveys is certainly not to help them diagnose problems that need to be worked on in order to improve culture. In fact, I don’t even know if it’s in their interest to improve it nor if it's even possible to improve it... — read more
Was anyone here around when Chainsaw tried to take away the work from home option? What got him to change his mind? Dealing with the same BS at Wells now, in the middle of a pandemic. Any... — read more
Hello, As many of the folks who were laid off while ago and were unable to find the Jobs. I have a question for those in the similar situation and would appreciate, if anyone can suggest or advise what do you folks mention as the reason for break... — read more
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BNY Mellon's former global head of operations will now be responsible for State Street's custody, middle-office, transfer agency and client service operations. By Joe Parsons March 19, 2021 3:59 PM GMT State Street has hired one of BNY... — read more