Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Platform Operating Model

Can someone please explain what this is and how it affects me in middle office? Is extra work coming my way? Like I don’t understand the relevancy of this

Is BNY backing away from DEI?

They usually just rubber stamp whatever government policy is dominant, making sure to kiss the emperor's ring in the process. It seems they have no permanent values to speak of, the daily drip of corporate claptrap notwithstanding.

Bonuses

I’m seeing a lot of posts about bonuses. I didn’t know that was a thing. Does middle office not get them?

NEW SEVERANCE PLAN

Does anyone know with the new plan, will they payout unused vacation? It would be nice. And with P-M coming the end March, when will those layoffs happen?

4 day office rumours from March - is it true?

Hearing gossip that it will soon be announced that team members (not just managers) will have to do 4 days a week in the office. Anyone got any more insight into this - UK based. If so, when will it be announced and take effect. Will it impact... — read more 

Hate my team

I have never had a worse group to work with ever as i do now. Attendance is trash, communication is trash and the inability to do the same process done for years is awful. The process of getting rid of people is terrible and its exhausting to deal... — read more 

Good luck next week and next month everyone

Packing up and going home. Wondering and hoping if this is my last day here? Good luck everyone as we head into ‘Flattening February’. Stay here? Get severed? Get a new job? Whatever…May all your wishes come true

Analyst/associate bonus

For analysts/associates what was your bonus, performance review and what's your location? I got partial meets, exceeds and meets. Bonus was 5k in NYC

PTO during notice period

Can I use vacation hours during my notice period? BNY doesn’t payout left over vacation hours. Sh---y

Salary bands

I was told I met my salary band this year but was not given what the ranges are for my salary. Can someone share what the ranges are and the titles.

Volunteers

With all those so willing to be laid off, why don’t they take volunteers for buy out instead of laying off? Wouldn’t that be more efficient?

Date?

Supposedly the main corpus will be next week. I am hearing some will get the axe later in the month. I wonder if they will still get 2 pay periods if after Feb 14th or it will just be thru the end of Feb.

You wake up, your job has slipped away...

No informal get together, no snacks, no choice of a favorite song (I would have chosen Burt Bacharach). It was just a nervous or-l notification delivered by my lilliputian manager. My Outie self is quite happy, though — pity I have to remember any of... — read more 

Where is the flexibility and new benefit?

Wellie wellie well…. Now we know why there are no layoffs in January other than those fired for cause who get nothing. They spent recharging time to perfect this odious opus. And in 2+ weeks there will be many who now get the fall out from this new... — read more 

So how has it been

At bny since December? Specifically Houston office? I was one of those let go back in December, and before asking, yes I always was either at model or above model for coming into the office. I also always received a meet’s expectations from my... — read more 

Legal

Has anyone in Pittsburgh or elsewhere in US successfully sued BNY for unethical or maybe illegal practices? If so what law firm did you use? Some examples might be, you have a long track record of being a meets or exceeds employee and they suddenly... — read more 

Robin… get in on the latest AI fad: Deepseek!!!

Yessiree Robbie, Deepseek is your dream come true! Get in on some cheap Chinese AI! That little bald Plantar wart Roman R. Was just bush league with that crypto and chinese bond stuff. This is where it’s at baby. Put it all on Deepseek and then you... — read more 

This has to end

I’m fed up with certain managers using fear tactics and bullying as their go-to strategy. It’s ki-ling team spirit and dragging down results. This can’t keep happening. A workplace shouldn’t feel toxic or oppressive. Things need to shift, and fast... — read more 

Leaving Before Notice Period Ends

What are the ramifications of not providing notice per policy? If prior years performance bonus is paid 1/31 and 2 weeks notice is given on 2/3 will they require bonus to be repaid because 30 days notice was not given? What are the ramifications of... — read more 

Bonus clawback

Can someone explain how long you have to wait before resigning after bonus is paid?

Next round of layoffs - Feb?

Do we know this for a fact? I was told 2/3 to 2/6. Then folks who will be whacked get normal pay and benefits for 2/15 and 2/28. Then the new severence kicks in. Source: @bp+1jj94pbs2

4 day office Managers - When does it apply?

I understand if you have anyone reporting to you, it means you have to do 4 days per week in office. But is there a cut off point, when it will trigger the 4 days from the next cycle? The policies still make no reference to the 4 days for managers... — read more 

4 day workweek

The manager just told us the announcement is coming for everyone.

Start a new thread - post a news comment, question or message:

: