An I the only one that’s scared going into the last part of the year? Don’t have any special info, just a hunch that there are going to be mass layoffs in the following months. After all the leadership is likely to want to go with a lesser workforce... — read more 

We are headed straight for a disaster and the management seems to be oblivious to it. Titanic seems like a rather appropriate name in this situation.

Why have so many staff joined from JPM? Not good enough there or head hunted to join BNY by their friends?

Having read posts on this website, it's as if I have written them myself. How can an organization be so dysfunctional that it's the same every where. It's like all the dregs of society have gathered to make life miserable for others.

Don't make it negative unless it actually is. I have a feeling it will be though.

Someone you actually like, that is?

I don’t doubt for a second that there will be more outsourcing. That’s just another tool in the hand of the leadership to extract fake success and to artificially pump the numbers, even though everybody is aware that we’re going down. What parts of... — read more 

Heard that Chuckles is looking to eliminate all admins back wide. Didn’t believe it until I heard one region just announced elimination of all admins. Here’s an idea, instead of getting rid of a $35k a year job let’s eliminate one position on the... — read more 

To implement successful change, employees must TRUST the organization. But how can we do that when continuously s—er-punched by BNY policies like BE quotas and layoffs that affect the people that remain? BNY will never be successful without... — read more 

If CEO is terminated due to Change in control he gets $42 million. Looks like the compensation committee at the company has given him all the incentive to sell parts or all of the company!

I’ve been in IT for 25 years. Worked for this company for 5 of those years. I can honestly say that I have never seen so many unhappy, fearful employees during my entire career. Very sad to see what our new executive management has done to this... — read more 

Funny anecdote heard from someone who was at a biz review with Chucklehead... we're hiring more salespeople to grow our business. We have already hired 7 new people so far this year! (What was left out was that 6 salespeople quit YTD as... — read more 

It'd be nice to get an update from people who were laid off in previous rounds (and we know a lot of them still visit this forum based on other posts) on their current job status? Is it harder or easier than expected to find a new job? I know... — read more 

It’s obvious that this company is heading downhill and that it will be hardy able to stand on its own. Is it possible that some other company buys BNYM? Who are the prime candidates?

In my team there are so many people off sick due to work. The manager heading this team was a disaster an absolute waste of space. We had a great team but he managed to destroy the team and then changed roles. That didn't stop him from sending work... — read more 

In my team there are so many people off sick due to work. The manager heading this team was a disaster an absolute waste of space. We had a great team but he managed to destroy the team and then changed roles. That didn't stop him from sending work... — read more 

First of all I want to say that I haven't heard anything about any office closures that are planned, so it’s not my intention to raise panic. However, the way I see it, there have been a lot of layoffs and I believe that it’s only a matter of time... — read more 

What should I tell them when they survey me on how the layoffs was?

Managers Recently in Brooklyn seem to have been trying to pin blame for minor errors on analysts. But at end of day, who approves stuff in NEXEN? Managers shouldn’t mindlessly be approving items in Nexen especially when it requires two/three sign... — read more 

Jeff basically just said word for word "we should be happy that we have jobs." Wow. Also very clear he will be restructuring ISD. So more layoffs. Good times!

Take out the whole "layoffs are always a possibility" issue. If that was removed from the equation, do you think you'd be happy here? I think that's what most of the people who are still on the fence about leaving or staying need to answer and... — read more 

I'm not sleeping. I'm not able to think clearly during the day because of lack of sleep. I'm frustrated and annoyed that I am creating process solutions and doing multiple jobs outside of my responsibility while others around me have personal... — read more 

Working at BNY Mellon is like working for Tony Soprano. The bosses smile their sh*t eating grin at you during their town halls and tell you how wonderful you are. When you turn your back, you get whacked. No one sees the body get dragged out and... — read more 

Is anything happening in September?

Someone posted a blog today about how awful the forced ranking system is… Some really good comments just blasting this “policy”. Hopefully it will gain a lot of traction and even if it doesn’t change anything, maybe it will make executive... — read more 

People are getting burnt out - too much work, too much stress, too much of not knowing what's going to happen tomorrow... Our turnover rate is getting worse and worse, and I don't see BNY Mellon doing anything about it. I understand needing... — read more 

I’m trying to find some good in this whole situation, even though I have a pretty hard time doing that. If the rumors that a big round of layoffs in scheduled for the beginning of December is in fact true, does that mean that we can feel just a... — read more 

Next round of layoffs is early December. Have the 2020 termination dates been released yet?

The site is down again sorry bank of new york mellon voya 401k

I understand that none of these two options are ideal, especially given the fact that I don’t have a new job lined up or anything. On the other hand, it’s getting harder and harder for me to continue working at this place, and not just in terms of... — read more 

Who can recommend what to do with pension I earned in BNY. Is it save to take annuity? Is it possible to take lump sum and transfer it to traditional IRA to avoid huge taxes?

Do we have any idea of the total number?

My computer and various systems stop working randomly throughout the week as I’m trying to provide that excellent client service Charlie wants us to give. Trying to get them fixed is an exercise in patience/insanity. I sit on the same broken chair... — read more 

Whether you are legacy BONY/Mellon or BNYM - you know this is a broken place with frustrated and tired employees. The break started with Bob Kelly, Charlie has just widening the gap. We are an animal slowly dying, and Charlie is burying us a piece at... — read more 

How much you all have saved in your 401s? I want to retire.

What do I need to do...? Mid 60s, almost 10 years, BE ( manager was ‘forced’ WTF...how do I get on the ‘list’ .? I’ve had it. What a disorganized white low morale environment. I feel bad for the younger guys. Any advice?...

EOM

Only reason I stay is the tuition reimbursement. Just finished my MBA. Need to stay one more year so I don't have to pay any tuition money back. Going to be the longest 12 months of my life.