That S oh B left a trail of destruction and then he leaves. We all knew this was bound to happen at some point. Time to hire back Some valuable employees.
Charlie being gone makes me want to work extra hard
Charlie being gone truly makes me want to give 100%.
Posts are getting deleted
I can observe so many posts getting deleted Maybe time to find a new impartial site
Charlie's gone, accountability is still needed
I said long ago on this board that this day would come. I also shared my opinion that people are ultimately responsible for their actions and I would view certain managers and colleagues in a different way after seeing them act with a cutthroat... — read more
Good luck Wells Fargo, good riddance BNY
Ruining one bank was not enough and he did not finish what he started for good or for bad he is leaving without meeting his objectives or rather running away.
I thought CEO left Visa because the travel was too much?
I though BE Chuck left Visa because he didn’t like the travel to SF from east coast. Yet WFC is in SF - so what gives BE Chuck? Planning to WFH?
Charlie is Gone!!
Good luck Wells Fargo, and thank you for setting us free. I hope you don't like work life balance, but like being rated BE
3rd Quarter Results
The funds industry is experiencing severe pressure on fees, poor interest rates and a flooded market. Revenue is forecast to drop and this will have a magnified impact on BNY which is grossly overstaffed and is a technological failure. Investors are... — read more
Be glad you're out. The culture is terrible!
Unfortunately they are cleaning house. Out with the old and in with the new! Be glad you're out. The culture is terrible! They are demoralizing good workers with BE ratings just to get them to quit or drive them out bec of age. They do not appreciate... — read more
Is it possible they don’t lay you off with a B/E rating?
I was given a below expectations rating by my manager and was told it is just “optics” and nothing would happen, especially since our client is an important one to our group. I’m wondering if people have gotten B/E ratings in the past and have not... — read more
More strategic initiatives on the way
So far: (1) remove working from home ... this was overturned due to negative outcry and not from change in strategy. (2) introduce 10% below expectations. Get the senior management to sell it as a performance improval program (what a circus) (3)... — read more
BNYM: An Accident Waiting To Happen
This bank is an accident waiting to happen. So much knowledge has been lost with the mass layoffs. It’s only a matter of time before BNYM is again in the news for another screwup. It’s too late to try to document procedures when the experts have... — read more
No layoffs before November?
Did I get this right? There will be no more layoffs at least until November?
All hands call 7 am tomm
Check your emails. Wonder what it is? Please be big news like good bye Charlie!
Job Interview Ireland
Did the interview and was offered a job....paper work appeared 6 weeks later even though I turned it down. Luckily I did not accept as heard serious issues in that company from contacts in the industry. Accepted a job with another company. Offer was... — read more
Layoffs will be company-wide
Layoffs will happen company wide. Not just one department will be affected. It will be all departments. Very much this. People need to stop speculating and wondering if their department or location will be spared. You need to consider an option... — read more
Dublin Town Hall Today
False smiles and fake sentiment come to Dublin today and another panel of weak management will dance to Charlies tune. Then Charlie will deliver a mind numbing talk before answering filtered and prepared questions. Tip for Charlie to save money... — read more
LEGAL COUNSEL
Good messages. Unfortunately, the situation is very bad at BNYM. Can someone recommend a good legal counsel that have won cases against BNYM???
Forbes - BNY Mellon Faces High Risk Of Stagnating Revenues Over Coming Years
https://www.forbes.com/sites/greatspeculations/2019/09/16/bny-mellon-faces-high-risk-of-stagnating-revenues-over-coming-years/#74d7ab9d2218
Professional Procedure Writers coming from Oversea Last Week of De
So found out professional procedure writers from Pune & Chennai are coming last week of September. This obviously is not good. Means your jobs are going overseas and you unfortunately most likely will be let go.
H.R.3624 - Outsourcing Accountability Act of 2019
Please ask your elected officials to support this important legislation to protect American jobs According to this article, five US senators introduced legislation that would require companies to report the number of employees, by state and country... — read more
Is the BE rating strategy being abandoned?
Surprisingly, I recently heard that management is backing away from the BE rating strategy. Were a lot of people rated BE at mid-year? And are there any managers or anyone else reading this who can provide an update on the strategy going forward... — read more
BNYM not committed to employee development and growth
I know this has prob been said before, but it bears repeating, bnym could care less about your career path or your professional growth. This is a company that just cant be bothered, unless you are one of the few that's actually in a good position on... — read more
How does the BE and layoff package work?
Spoke to a lawyer who represented bnym employees who was rated in lawsuits against the bank and the terminated. They won the cases but how do bnym determines this? Clearly we all know they are eliminating long term employees and trying to avoid... — read more
BNY Mellon Stars
I am curious to understand how the entire Star Performance nomination process work . Do managers handpick these employees to be the next role model of this company . Do they assign projects to team mates as they require sufficient approvals from the... — read more
What to take with before being laid off
What do we need to take with before being laid off? 401k login, past reviews, what else?
HBR on toxic companies
Something our CEO and other chief officers should read. If they care. https://hbr.org/2019/08/are-you-enabling-a-toxic-culture-without-realizing-it?
Please Read-A Word Of Advice
Remember the following line: It’s not a matter of if you will be laid off, it’s a matter of when. They are coming for you. If not this round, then the one after. You are an expense and have little value to the company. Be prepared. Print... — read more
Chuck in Ireland 17th Sept
Chuck and the crew in Ireland 17th September, any chance they plan to close an Irish office, place is overstaffed in a major way
Why don’t they just sell the company, restructure it, downsize i it, or whatever it is they want to do, but quickly?
This way it’s just death by a thousand cuts. I don’t see anyone that benefits from this situation, where we’re in a state of constant restructure and constant layoffs, but nothing other than that is happening.
I know you don’t know me
I received my last sub payment at the end of July. I haven’t been successful in finding a new job yet. I will be losing my home at the end of the month because I can’t afford to stay there on unemployment and a part-time job. Can you please keep me... — read more
What is really going on here?
I’m sitting at my desk listening to management openly talking about interviewing candidates for positions while joking about it. All this after laying off four people within the last few weeks. Really great for morale!
Simply stated
Simply stated and to the point... BNYM just sux. By far the worst place of employment I have ever worked at. Good luck to all of us that we find something better.
What would you do?
If you were in upper management, what would you do/programs would you start to improve the company? See a lot of criticism but want to know if anyone has ideas to improve.
Is it just me, or have the layoffs stopped for awhile?
I’m not naive to a point that I believe that the layoffs have stopped completely.We’re a big company, and knowing how things stand right now, they’re surely happening somewhere, but there has not been a larger wave for some time now. Does it mean... — read more
Personal belongings
Question....so for those that have been laid off, are they taking out money from your final check or your sub pay when they ship you your belongings via mail? Just curious.
Some things to expect when your expecting to be laid off from BNYM
So it has come to this, It’s not a matter of IF you get laid off, it’s a matter of WHEN you get laid off. The writing is on the wall and you know it. It’s just a matter of time. There’s not a damn thing you can do about any of it, because this... — read more
The true purpose on the email regarding global inventory project
So today there was an email regarding global inventory project. My guess is to get a headcount of employees at each location. Figuring which locations to consolidate or close. Thoughts? Found this as a reply on another thread by @10QRDtb0-1pcb... — read more
Pittsburgh Propaganda
This weeks propaganda focuses on the employee appreciation snack break. Constant fear of losing your job or receiving an undeserving BE rating is a negated by a smiley cookie Also, they were looking for volunteers for “doors open Pittsburgh”... — read more
Could there be layoffs tomorrow?
Just wondering since we got paid last week could there be layoffs tomorrow?