Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Procedures

anyone else notice the constant push and nagging to make sure procedures are out there and up to date? Now theyre in a site where if you delete it , it’s still accessible no matter what. This place is prepping to make sure when you get fired, some... — read more 

Be frugal this holiday season

Save as much as you can. Layoffs are not over by a long shot. We all love holidays, but if there was ever a time to not spend unnecessarily on that big item or trip you really don't need, this is it. I'm not being a Grinch, I'm just worried with good... — read more 

EMEA colleagues tend to be more insufferable

Don't get me wrong, I've worked with a number of great colleagues based in EMEA and I would say most colleagues from EMEA are pleasant to work with, but of all the unpleasant, arrogant, or true deadweight employees, more tend to be based in EMEA. ... — read more 

240G asking for ID

Why isSecurity asking everyone to show IDs when entering the building at 240G.

Our reputation is suffering

Soon we won't be able to hire new people for positions that desperately need filling. Think about it, who'd want to jump on board with BNYM at this point? I mean, seriously, look at our reputation right now - everybody knows management is... — read more 

It's difficult

I'm an older worker. I've been there over 25 years. The work is just mentally harder for me. I'm not quite at retirement age, but I do wish they would lay me off. I live in fear of getting a BE and being terminated for cause. Humiliating. I try my... — read more 

Researching your next workplace

Did you ever accept a job and it turned out to be nothing like you expected? I did, and I don't want to do that again. After joining BNY Mellon, I realized figuring out a potential employer's vibe beforehand is crucial. I'm still not sure how to... — read more 

Resignation questions

I have a couple of questions about resigning around year-end: If we have a 30 day notice period, does BNYM have to pay you for that full period if they ask you to stop working immediately? In my area, most people are asked to stop working... — read more 

Raises

When are raises communicated to the employees? Are the raises percentages determined already? What is the numbers this year?

There is no future at BNY Mellon

With so many layoffs, the culture that is turning from bad to worse, and management that has no idea how to solve the mounting issues, I think it's now patently obvious to everybody that there is no future here. At least not for those of us who hope... — read more 

Bonus cuts

Any managers can verify that this years bonus numbers are in shambles?

Many of us would have volunteered

People who wanted to stay are gone and those of us who were hoping to be laid off are still here. I wish we were given an opportunity to volunteer.

The value of In Office Collaboration

One of the most disheartening aspects of in office collaboration is the degree to which people dismiss the benefits of inter-office collaboration. I’ve worked with people face to face at BNY & Mellon for four decades and formed many close bonds... — read more 

240G - badge swipe Lobby or Floor?

Does anyone know if a badge swipe in the Lobby of 240G is enough for office day credit as I someone held door for me on floor recently and I forgot to go back and swipe myself. Thank you!

It's not over

It's never over after just one day. I'll be happy if it's done by Wednesday, instead of dragging on the whole week.

Number

For all the managers, how is the numbers?

Resources thread to find a new job

Starting a thread with resources to find a new job. Being prepared is half of the battle! Feel free to add resources to help our colleagues who are starting a new job search - be courteous!

Laid off

I got laid off today and none of my questions were answered by my manager - I was directed to an email address to contact HR. I've also been warned they might take a while to respond. Perhaps someone here knows: How long does it take for the... — read more 

Project Bora Bora

Here is another massive cut in the neighborood: https://www.cnbc.com/2023/11/06/citigroup-considers-deep-job-cuts-project-bora-bora.html The corporate overhaul, known internally as “Project Bora Bora,” has employees on edge. Managers and... — read more 

Severance pay policy in the UK.

Could anyone provide information on the current severance pay policy in the UK? In the past, it was typical for employees to receive a severance package of two weeks' pay for each year of service with the company. However, I've recently heard a rumor... — read more 

BIPAC Donations

Does anybody know what our annual contribution to the BNYM BIPAC should be? In the past there were published guidelines. As an employee I’d like to contribute as what’s good for the Bank inevitability winds up helping employees. We all benefit here... — read more 

When was the last time severance was changed?

Does anybody know when was the last time BNY Mellon reduced severance? People are mentioning that it could happen again next year and that's making me nervous, to put it mildly. The severance is already nothing special, and if they reduce it further... — read more 

The coming layoffs

For this week’s layoffs, how long ago was the decision made of who is on the list? Was this pretty recent like a few days ago, or had they known for a while?

Who picks your name

Who picks your name as the one to be laid off - is it your immediate manager?

Huge team walked out of WM in PGH

9 client facing wealth management staff walked out of Pittsburgh on Friday. Almost half of their wealth managers. Keating getting what she longed for. Alexander Hamilton can’t save you. You have failed.

Your thoughts on AI Hub

What do you think about AI Hub? Is there good work happening in that area? Anyone in the know of things? Am I missing out on career growth and learning opportunity if I am not working on AI Hub?

Bonus Timing

Does anyone know when we get our bonuses? I heard we are getting them sooner than end of February. Ty!

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