Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Escaped this round and some thoughts ..

I understand the pain and uncertainty that comes with job loss. Having experienced it myself earlier in my career , I know it’s not a pleasant journey. The initial reaction often is, "Why me?" Many feel that they have been exceptional employees... — read more 

WHY

so here’s my question to all my layoff BNY friends. can someone please tell me why you have managers that do not know how to run to the department and do not know what the apartment does or how to do. The job gets to keep their jobs and us little... — read more 

layoff.

after 12 years of dedication you’ve been told your position has been eliminated and you are leaving on good standards with BNY. OK BNY, can you tell me what’s supposed to happen now?

BNY you su-k

I knew my time was coming that I was gonna get laid off just wasn’t expecting it to be yesterday after 12 years of service. I know this is a good thing, but my anxiety is through the roof not knowing what’s gonna happen to me or if I’m going to find... — read more 

Laid Off Package

What does the package look like if you were laid off in the US but specifically Pittsburgh?

March 3

Is there a Company Wide Sick Out I heard already scheduled for March 3 ? Can anyone confirm participating

And Just Like That!

15 years of sacrifice and dedication, going above n beyond, building relationships and trust with colleagues and clients. BNY is showing they are not a company that cares about the Client and the service they deserve. They are getting rid of the... — read more 

Laid off

Got laid off today. I was based at home. Been here for 10+ years. Received exceeds expectation most of my career here. Looks like they are cutting a check for severance and also a stipend for health insurance. Are we sure none of this is... — read more 

I really want out

I am applying for anything that looks halfway decent and hoping things improve by the end of the month. BNY is a mess, and everyone knows it. Throughout my career, I have worked at several banks, and while none were perfect, I can confidently say I... — read more 

Permanent Work From Home

I heard that any employees that have some form of exception will be asked back with a 90 day period in March. If non compliant the position will close out. Also 4 days a week is coming soon for all employees.

The job market is brutal

Lost my job here a month ago. Got maybe 2 interviews out of 100 apps and havent landed a offer. Anyone else going through the same boat?

Big layoff coming

The week of 2/17 (2/18) the layoff is going to start. I heard about a 1000 but not sure.

Shocking news about BNY Wexford

I have just received shocking news this weekend that a very popular colleague of mine was sacked from his in BNY last week. Recently we were told that we would be made redundant and this colleague was brought into a HR meeting and advised he would... — read more 

There are no layoff - Please relax and enjoy

I have heard there are no layoff this year at all. Please relax and focus on work. And read this: https://www.dailymail.co.uk/news/article-14401973/JPMorgan-worker-ambushes-CEO-Jamie-Dimon-town-hall-work-home.html

A bunch of people got canned today

The scuttlebutt is these are people who were set to be out on Tuesday. Partially mets, all of them. Bonuses were 50% or less. 30 days. Good luck on Tuesday folks!

"Helps money work for the world"....

Just not working so well for the 50 percent of humankind perched on the very edge of existence. The 'world' of course here refers to the 1%, who aren't satisfied with being merely obscenely wealthy. (As of 2024, the top 1% of households in the United... — read more 

Not sure if I should accept BNY's offer...

They offered me a fairly lucrative position, but I'm reading a lot of negative things about BNY. Seriously considering declining. Glad I came to this site first, understanding that there will always be some disgruntled employees. (But this is a... — read more 

Any from Manchester here

How do you currently feel with the way things are going ? My team has been shipped out to Pune and things feel a bit meh! Been here since pre-covid and it’s like a sinking ship

Wexford - what do we know

I'm hearing rumours of some people being told they're in line for wfh contracts and some people know their end dates but my team are still in the dark. Why don't they let everyone know together?

Can we talk about the next round of RIFs

I’m looking for information on when it’s going to happen, (I heard next week.), who it will affect (which teams/sites), and the %. And, if it’s already happened to you recently, could you please share if you got 2 weeks for every year as sub pay?... — read more 

Town Halls

These s are laughable with the propaganda, fake excitement, and ridiculous hype music they play. And the lemmings trying to get everybody to show up in person to act like there’s more engagement and excitement for what this dump is doing All this... — read more 

Class Action Lawsuit - Please read

A number of staff will be terminated next week as a result of the rating system managers are forced to follow. I urge everyone impacted to seek out others that were impacted and file a large class action suit against BNY. This is a terrible company... — read more 

Agile Practice - What a dump

Layers of incompetent leadership in the scrum lead practice. They put 2 totally useless managers who have no interest in engaging their teams; egoistic and lack of personality on how to build teams. Constant churn and lack of interest with sole aim... — read more 

my team is 99% offshore

i quiet quit and wasnt eventually let go. couldnt stand going to the office

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Edinburgh Lay Offs

Every impacted employee was sent a list of the impacted staff in the site which contained the last day/future arrangements. How’s that allowable? Some serious questions to be answered on how some people are being permitted based at home and... — read more 

Leave BNY!

I changed jobs two months ago, and I’m still adjusting to just how much better things are. It’s almost surreal. I’m still getting used to the fact that no, management through fear isn’t normal, a toxic atmosphere isn’t the default, and if you... — read more 

Ratings

I remember seeing somewhere on this site but can’t find it… Can somebody who actually knows what the 1 through 5 rating scale is for employees?

How many terminations for those on development plan

Does anyone know the percentage of terminations they are planning for those put on a development plan? Since it includes everyone with even just one category rated as Partial there is likely a large amount of employees being put on the development... — read more 

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