Who is actually running TSG now?
Someone posted about 7/18 last week. I diidnt notice anything
Someone on this forum posted about layoffs for today (7/18) but I didnt notice anything. Honestly, I was stressed whole week for nothing it seems. Do people just post without any real proof and make others anxious? What do they get out of such... — read more
Another EC departure
Natalie Sunderland leaving BNY!! We seem to be on a roll at the moment, I'm having trouble keeping up.
Pay check question
If I resign in the middle of a pay period, will my next check be a full check and the next check will be for the partial period that I worked? For example: if I resign on Friday July 19, will my check on July 31 be a full check and the check on... — read more
Poland - still a growth location?
So I've heard that Poland is no longer considered a "growth location" due to increasing costs, site leaders incompetence and risk due to war in Ukraine. Anyone heard anything from Risk & Compliance?
Got offered the PIP & GO
Should I take it? Has anyone had any experiences one way or the other? Got offered 12 weeks full pay and benefits
A positive post
Before joining BNY, I had an unstable work history with consulting and temp jobs. So far, for the last five years, BNY has given me a stable workplace where I have enjoyed coming to the same office, talking to colleagues, feeling like I belong. I... — read more
Not bad compared to BNY Mellon SUB.
''Vince won’t have to worry that he made a bad decision in moving from Goldman to BNY Mellon should there be a change in control. The proxy filed with the SEC also shares that if Vince is terminated by the bank as a result of a change in control... — read more
What about other banks
Aren't all banks the same from work culture POV? Dog eats dog... Thus layoffs too are a norm.
Full time in India
Not sure if y’all noticed that if in India they stopped hiring full time anymore. I would say 95% percent of them are contractors….
PTSD
Anyone else have ptsd from layoff ever other month? Class action suit thoughts?
What worse will happen if I complain to my skip level manager or HR
I have been stressed lately due to unrealistic pressure from my direct line manager. The short sighted demands from my manager are just a knee jerk reaction to what my manager hears from his superiors. I am still early in my career, but wondering if... — read more
7/18 is the date !!!
Anyone heard anything regarding layoffs next week?
Whats the story with Dublin
Why does Dublin get so many middle to high level managers and not many people doing actual ground work?
What would you do to try and avoid a layoff?
How about offering to work for free? Overlords would jump with joy. And best of all, you get to keep your job! “For half to two-thirds of respondents, that included “working weekends, they would avoid taking time off,” said career strategist Julia... — read more
In office time tracking
Just heard from a very reliable source that this dump will begin piloting badging out of the building… So they will be tracking hours and not days eventually. Not sure what locations this is being piloted at or when it will start, but just another... — read more
Major restructure upcoming
Coming from reliable ECs: Exit while you can, streamlining happening. LOBs will be up for sale by this time next year.
Everyday I feel down
I am an mid-senior professional, joined BNY 5 months ago. I feel I have done a mistake joining ths company. At the same time dont want to be explaninng to next companies as to why I hopped job too soon. Having said that, I dont think I can last 2... — read more
Sub Pay Change?
Is it rumor or fact that the Sub pay policy is changing to disregard length of employment?
Can’t wait to see AI-assisted assessments
We are entering a new era of corporate anti-human and anti-social culture.
I'm thinking about quitting every single day
If I didn't have a family to support, I'd be gone by now.
RV
They say you should keep your friends close and enemies closer. If that’s true, makes a lot of sense why RV joined BNY, across the street from GS. The GS that fired him
AI to be involved in yearly assessments
Starting end of July.
Pershing mid year forced rank/off track
I understand how forced ranking is legal but how do they avoid litigation the way they do it? We all know the 10% selection process isn't legit. The directors/managers fight to save their own people then the "10%" get off track or below expectations... — read more
Next round of layoffs?
Does anyone know when the next round of layoffs are? I'm hearing November again, so they do not need to match our 401ks. Talk about happy holidays!
BNY The Horror…. The Horror
I've seen BNYM horrors... horrors that you've seen. But you have no right to force rank me. You have a right to fire me, lay me off. You have a right to do that... but you have no right to falsely judge ‘does not meets’ on me. It's impossible for... — read more
Bridget next gig
Heard it on the grapevine that Bridget is going to Wells.
I still haven’t complete my mid year review
Anyone still gotten theirs yet? My manager said the deadline for doing that is sometime mid July, I’m worried
I can’t stand my team
I don’t know how’s for the rest of you, but I think I fell into the worst group of people ever. Lead is incompetent and rude. People in the team create tensions every day, most are trying to offload work on others. There is an inordinate amount of... — read more
Don't waste your life here
This is a dead-end job. It wasn't always, but it is now. When's the last time you saw somebody promoted because they earned it by being good at their job? I can't remember. All the promotions are given to kissasses. I'm personally not willing to... — read more
Why do you post incessantly?
Why do the layoff deniers insist on endlessly trolling this site, posting the same comments over and over again? What satisfaction do you gain? I'm honestly curious. There has to be a more worthwhile way to spend your time.
Not on my watch
I actively discouraged a friend yesterday from applying for a job opening here. I couldn't in good conscience let him make that big of a mistake without saying something. I don't know if he'll listen to me, but I made sure to tell him everything... — read more
Are my fellow “Mellon Heads” ready for more layoffs!
Time is now to leave this company. This is the way.
Another EC “ retirement “
head of investments
McKinsey Platform Operating Model Disaster
The McKinsey implementation of the Platform Operating Model is choatic, unorganised and is only creating more strain on the firm. Led by megomaniacs from McKinsey who have promised Robin 10% headcount reduction as part of the transformation. Run... — read more
Non manager title upgrade
Any direction whether all promotions are annual? What about non-manager title. From associate 2 to senior associate. If in one role 3 or 4 years can you be reviewed to be moved to the next level
Have feeling AI will be the greatest bullsh-t of them all
Not really an expert on the topic of AI, but I have a strange feeling it’s being sold to companies on a promise of capacity and potential which isn’t there. Designing reorgs and layoffs so extensively around it can easily become one of the stupidest... — read more
How many of you actually like or enjoy your job?
I'm just curious if everybody is as miserable as I am.
Asset servicing is dead
It’s too late for that group. Once Roman took the helm and hired Mike J and Suzanne M, the three of them did damage beyond compare. Clients became dissatisfied and we couldn’t win enough new business. They created an environment in which talented... — read more