So I tried it on and it didn’t fit
Why I am here ?
Why I am here ? I am looking for information about layoffs and potential layoff scenarios and how to tackle the before and after scenarios. Looking to leverage experience of others so that I can navigate the scenarios if I am axed. Why am I at... — read more
Asset servicing split up
So the word is Emily is loosing relationship and sales for AS. We will be re-org as part of Cathinka’s org and Emily will be left with product. As a RM it will be a welcomed changed versus the current which is often hysteria under EP.
“The key to success is collaboration”
OMG! How insightful! I can’t believe I never heard this one before. Just how can some lowly peon like me impart just have of this wisdom to pass onto others? Seriously though, this mantra is really going to separate the men from the boys here. Wow — read more
Layoffs will never end
Learn to behave accordingly. Live below your means, make sure your resume is updated, and always keep looking at what's available even if you are not planning to leave just yet. That's the only way to survive with your mental health intact in the... — read more
Quarter end
This town hall feels painfully out of touch.
Site closures in EMEA??
What site is next? Should staff jump now or be pushed later?
Been feeling like this with any kind of a labor market
“The cooling labor market may be good for quelling inflation but it's frustrating for job hunters — those who are employed feel stuck in roles they no longer want, while the unemployed struggle to get... — read more
AML/Prevention/KYC
Hi everyone, I just saw on the Internet that BNY Mellon’s Lake Mary Office is currently hiring for this role. Associate, Anti Money Laundering/Prevention/KYC Representative II If you can, could someone please tell me if this job combines both... — read more
Pershing Confirmed layoff
I was told that the layoffs will start on the 10th in India. US will start on the 12th through 14th. From what I see so far, most people on the list asked for a package or are getting it for cause. There are still many that will lose their... — read more
When is the next Tribal Council?
Anxious to see gets “voted out” this month. I heard either tomorrow or next Monday.
SUB Agreement Question
I was recently given severance and in the terms it says that I have no right to apply for or work at BNY or any other of its releasee, unless otherwise waived. Does anyone know what defines “releasee”? The definition isn’t given in the document. — read more
WFH: No Excuses!!!
isn't that the truth about working from home and getting in trouble if we show up to the office because we have to. it's supposed to be mandatory 3 days a week in the office but some people aren't even doing 3 days a month. even on short weeks (weeks... — read more
Oriskany WIBX 950 Coverage
https://wibx950.com/bny-mellon-oriskany-closing/
Oriskany Closure Finally Public
It took a few months but a local newspaper covered the closure of Oriskany; https://www.romesentinel.com/news/bny-mellon-closes-oriskany-location-transitions-employees-to-remote-work/article_bb0ae06e-1ebd-11ef-8636-8b502bf9833c.html I worked in... — read more
Chainsaw’s Legacy
Remember when Charlie left overnight and most of his cronies/tag alongs from his last place left with him? There is one hanger on who is retiring all of a sudden. Seems as though rats jump ship before the ship crashes into an ice burg
Widespread Breach of Employee Medical and Financial Data
Look at RadioactiveWorc on Twitter. Every single employee's medical info and salary information is widely available on every major social media platform. Thank Christine Gill and her husband.
Glassdoor
Upper management must be paying people to post the recent 5 stars review with no cons
For people who care so much about in office time
I have a question for those who support increasing in-office hours, and even criticizing the others: Do you own the company or hold a significant amount of stock? Why are you so concerned with what is good for the company? And why are you criticizing... — read more
US coworkers axed
So why are they separating our US employees from one office to rehire in another? Brilliant. Will they be doing that in the UK also?
HOURLY IN OFFICE TRACKING
Heard rumors that BNY is going to start tracking how many hours employees are in office. In order for an in office day to count the employee must be in office for at least 6 hours. How true is this?
Getting ready to be severed
Any advice in how benefits work is much appreciated.
Back to the old ways
All you have to do is google “BNY lawsuit” to find the endless number of articles about the shady, incompetent, or down right illegal and corrupt practices that this place engaged in for many years. What’s really sad is that we were turning the tide... — read more
How does 401k 3 year vesting work?
i am so confused by this, is all 401k vested after 3 years of working at bny and then each year is vested end of year or after 3 years only my first year is vested? this sh-t is so confusing.
In office dashboard
What a dump. in office dashboard is not working this morning. It’s not counting your time off - so it shows you below model. What a joke, considering all the emphasis being in office and the tracking.
Asset Servicing Tech
worst run division full of slacking old timers doin nothing..no meaningful work hiding within maintainence work with 0 productivitu
When Mckinsey comes to town
“There is a distinct possibility that McKinsey may be the single greatest legitimizer of mass layoffs than anyone, anywhere, at any time in modern history.” P-o-M was sold to us by Mckinsey to give management excuse to cut costs and drive mass... — read more
No severance to fund corporate jet and other amenities
In my opinion, who would want to work at this firm? Firing people with severance so that they can fund a second corporate jet and build a restaurant in the new york office. Offering people almost no severance for 20+ years of service. Shame on... — read more
Jobs to Poland, which European Office is for the chop?
Whatever it will be, it will defy logic🤔
Last paycheck
If my last day was May 10th, would my last check be for May 1-10th and paid out on May 15th?
Informal PIP?
Does anyone have any experience with an “Informal PIP”, either as an employee or as a manager? How did it play out?
Treasury services
What’s happening with the treasury services department..
Massive lies
I suggest you stop reading this site because it’s detrimental to your mental health. I found myself reading posts thinking honest people would post valuable information and getting depressed. I was always worried there would be the next round of... — read more
June Purge
Any news on the scope of massive June Layoffs? Build Back Better!
Asset Servicing
What in the world is going on in asset servicing? These silos were the stupidest idea and now there’s talk about getting rid of them?
We have MDs in India???
I've been seeing lots of high up positions in India. Will Robin and the EC give up their jobs for their India counterparts? Ridiculous!! Why is no one talking about this?
I lost my job today and I don't get paid back on my PTO.
PTO, you only get back PTO you bought, not the hours you accure, if you see the writing on the wall, go use it all, otherwise you will lose it. Doesn't matter how much you have, you only get the "flex vacation" you had the option to buy.
Accrued PTO not paid out?
Is accrued PTO not paid out upon departure anymore? But PTO that had been used but not accrued is subject to repayment? Seems like the worst of both worlds on the employee end. Would be better off switching to unlimited PTO at this rate.
HRA Accounts
How much money was BNYMellon able to absorb back from displace personnel with the HRA accounts. The amount has to be pretty substantial.