I know people are going to say “check the official numbers” but I highly doubt that those numbers are even close to reality. With all the layoffs and little lor non hirings I imagine an army of workers are no longer with the company. Anyone have any... — read more 

Why am I here today of all days, checking to see if there are news on more layoffs? Instead of relaxing and enjoying myself with wife and kids? Honestly, I don't know if I am more mad at myself or the BNYM management who put me in this state of mind... — read more 

Layoffs are now called staff action events. I received BE and survived the last staff action. But I have heard that only BE rated people will be let go. And I have also heard these waves will be every few months some will be in August and many more... — read more 

I don’t mean this in a negative way. I was let go in Pittsburgh in 2017, well before the mass layoffs began. (Management hates my guts to this day, seriously) I started working again in a different company, and the atmosphere was so refreshing. I... — read more 

I'm wondering how it works when you get rated BE. Does your manager automatically put you on a formal Performance Improvement Plan with human resources' involvement? Or do they just give you the BE? Can anyone expound on the intracacies of how the BE... — read more 

I wonder, how many people still see their promotion and career path at BNYM clearly? Is there such a thing as building a career here anymore or is that just a thing of the past by now? I personally don't think it's a possibility. With zero job... — read more 

This weeks nonsense centers around the enhancing the employee experience by renovating: the café paint, lighting, (and I kid you not) the artwork and furniture in the lobbies. These people are clueless - and some lemmings will lap this cr*p up like... — read more 

With the announcement that BNYM is buying back $4 billion of its stock, get ready for a big layoff wave to fund it! Charlie’s priorities!

I listened in on the OST weekly conference call yesterday. The budget was discussed through eom may. Our business was recently moved to OST. it is very interesting that the budget was discussed at all. The OST group is over budget in every category... — read more 

It's a good way to leave this hellish place - severance might not be great, but it's enough to get me through a month or two while looking for a new job. And I don't think finding something will be that hard - anything is better than BNYM right now... — read more 

I had a mental breakdown basically bc of my job back in the fall and had to go on short term. Ever since I’ve been back...if anything, things have gotten worse. I feel like the mouse the cat plays with before k--ling it. I’ve gotten back and forth on... — read more 

How does BK get away without ever filing a WARN Notice?

@ZOSsHSu — See details: https://www.thelayoff.com/t/ZOSsHSu

BNYM can lay-off that day. What is the notice period from an employee standpoint in the UK should you wish to leave?

After 15 years, BNYM has decided to close down an entire department of about 55 employees. Many employees have been with the company for several years and now they have to face a major life change. The overall atmosphere in this company is extremely... — read more 

Take a good look behind the smoke and mirrors that this company puts in front of you. The employees are treated like dirt. Moral is as low as it’s ever been. Our senior managers are leaving on a regular basis. I’m still employed here and can’t stand... — read more 

With respect to reviews, 'differentiating performance' is being created via a kind of corporate transubstantiation move (analogous to the way the Catholic Eucharist turns wine into the blood of Christ). In this move they convert 'differentiating... — read more 

There, I said it in their own words. This company fails in so many ways. And I continue to be amazed that clients can feel secure with a company whose own employees distrust it so. Beware of BNY Mellon.

Earlier this year, I left after 10 years service, and on a sour note. But my previous years of service was great. I enjoyed my colleagues and work, and my career flourished. Then my boss and his boss changed direction, the company became hostile, and... — read more 

Layoffs and disorganization to “improve” the company, yet it still requires 10% to fail. Yes, that is the QUOTA required by BNY. BNY: YOU FAIL if despite all your efforts, your employees are STILL 10% below expectations. Employees: BNY is not... — read more 

It’s been months on months and I have to give up on the idea of them sending me my personal belongings.. :(

Sources Below... AMERICAN BANKER › BNY Mellon is all-in on digital PENNY CROSMAN JUNE 24, 2019 BNY Mellon, one of New York's oldest banks, is taking a different path toward its digital transformation, according to Roman Regelman, its head of digital... — read more 

I got let go today so I don't feel bad about letting people know about the downsides of working at BNY Mellon. They don't offer a pension and haven't since around 2012, management is instructed to rate employees below actual performance because... — read more 

So Gwen Collins is leaving immediately after only 7 months as Product and Strategy Global Head. Both CT attorneys are leaving as well. Curious.

How long do they plan to torture us like this???

Goldman Sachs plans to disrupt banking like Amazon did retail, Apple in music https://finance.yahoo.com/news/goldman-follows-apple-amazon-into-disruptor-territory-184340494.html

For all of you that have been accepting new graduate hires on your teams and departments for the campus analyst program little do you know they are coming in making 52k in the Pittsburgh office which is more than individuals who are Analysts and... — read more 

Curious... Where did you start and what kind or raises/promos did you get over time...

I was a long time worker at BNY Mellon who always got excellent reviews. However, I fit the bill of being just old enough and making just enough money to make the list of 2019 layoffs. Forget the quality of the work you did. Forget loyalty. That did... — read more 

It will be an icy day in hell before we shed a tear for the ex-Deutsche Bank vultures. https://nypost.com/2019/06/18/bny-mellons-piers-murray-leaving-amid-bond-trader-exodus/... — read more 

Anyone hearing the same ?

They can muzzle us at work, but they can't muzzle us on this site. It's telling that the posts here get at least tenfold the number of views as the propaganda stories on the corporate intranet.

Does anyone know how sub payments will effect taxes? Thank you

The company is unethical in its core. Don't for a minute think senior managers believe in WIN, or D&I, or the CoC or anything they harp on about, other than gorging from the trough for as long as possible. The little titbits strewn around is to... — read more 

More new appointments. The ship is hemorrhaging revenue, but we are to be oh so excited about the organizational changes. Those who steered the ship into these waters are guaranteed lifeboats — while the rest of us will either have to swim to safety... — read more 

BNY Mellon failure — brought to you by the same people (arrogant bankers) that brought you the financial crisis of 2008. Wall Street luminaries like Charlie tend to think they deserve higher pay because finance now requires greater technical... — read more 

I was let go in January and I applied to a bunch of positions. I even had my manager assisting me and I didn't even get an interview. I'm at a much better place now and thankful I didn't end up back at BNYM. I asked an HR rep if laidoff employees... — read more 

This weeks issue of BNYM propaganda centers around more Hamilton nonsense and "Building a Culture of Recognition and Appreciation" - I kid you not. Amongst all of the constant layoffs and forced BE ratings they float this garbage out there. Meanwhile... — read more 

My question is what’s the end game? Surely BNY can’t go on like this, lay-off after lay-off for at least 5 years where I am. India screwing up daily. Everyone overworked and stressed.... There has to be a plan for this company? Anyone venture to... — read more