Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Back to the Office

Within minutes of Todd’s email today with regards to the back to office plan, I was flooded with inquires as to I want to stay home, how do we make that happen.. this is going to be another colossal misstep by Senior Mgmt and HR pushing this down to... — read more 

Callous and calculating ‘culture’

I’ve been in manager HR training sessions where they talked about how to handle the “hard luck” excuse given by an employee (personal loss, mental health crisis, etc.), and how to manage them out. Yes, that was the exact phrase used to characterize... — read more 

Who decided who to lay off?

This is a question for any managers who might be reading this forum: do you have any say in who gets laid off or is the decision completely taken out of your hands? Judging by the people who get cut and those who stay (wrong people each time,) I'm... — read more 

Robot is replacing DevOps

Truth be told, DevOps is being replaced by Robots. Good luck, no one is going to hire if anyone claims that they worked as DevOps guy at BNYM.

Troublemakers

Are you characterized as a troublemaker or are you wise enough to keep quiet? The first thing I learned here is that you should never be too engaged in your job. Just like someone said, as soon as you start, albeit very subtly pointing out some... — read more 

This makes very little sense to me

It feels like the entire banking sector has adopted the position that laying off experienced and more knowledgeable employees is a really good business strategy. Instead of dealing with a bad decision made by management, everybody's knee-jerk... — read more 

MS Teams rollout

This has been handled so poorly. Our company rolls out features to some users, but not other users. Why not enable everyone for all the features?! Right now it's nothing more than a chat or meeting tool. I'm so tired of hearing "it's on the... — read more 

Make sure you are always networking

I know of several people who are trying to leave but are having no luck in finding new jobs. None of them bothered to network while they were not looking and have just started, which I think is their biggest mistake. Who do you think is more likely... — read more 

Starting over

After 16 years with BNY Mellon I was laid off in April. To say I was devastated is an understatement. It took me a few weeks to get out of the emotional rollercoaster ride I was on due to this. After over a month of searching I’ve found a position... — read more 

Drama

This drama of lay-off will continue unless changes brought to HR department. Lay off all HR and find some great HR who knows how to look for great candidate. They gather rubbish and cost thousands for the company. These HR started listening to the... — read more 

SUB site log-in

What is the user ID for the portal again? Something like the last 4 of your social and the last 4 of your employee ID?

Seems unusually quiet.

Seems awfully quiet. When Scharf ruled, the layoffs were predictable and severe. Every quarter you know of at least 10 or so. January had layoffs but after that, things seemed unusually quiet. Are we finally tapped out?

How many times have you changed your mind?

Changing jobs is not an easy decision, especially if you are at an age when you no longer have as much energy and enthusiasm as before. A colleague who has been here for years and from whom I have never heard any complaints, last week abruptly... — read more 

I used to feel helpless

For over a year I would stress over things I had no control over and it would upset me to no end. Then I realized that I DO have control over something - my own career. I started working on my resume and I began applying to businesses that I found... — read more 

Where was Todd?

Caught some of the congressional grilling of Big Bank execs. Charlie looked Sharp😎 Did not see Todd in attendance. Guess BNYM is not up there with the big boys

Don’t get angry!

“The right place values you the right way,” If you are not valued, do not be angry, it means you are in the wrong place. Those who know your value are those who appreciate you......Never stay in a place where no one sees your value.

Why stay?

I'm finding fewer and fewer reasons not to leave this place for good every single day. What is there to stay for? We are overworked but also underpaid, we have poor team support and lousy managers, if we want a promotion, we have to change who we are... — read more 

Will we ever have proper leadership?

I don't want to name anyone, but I'm just noticing that those who are in positions here lack greater leadership skills. By no means do we have people with a vision in a leadership position. It is noticeable that everyone's morale is falling and... — read more 

How is working at BNY Mellon these days?

It has been a little over a years since I've been shown the door. Prior to that, I've spent most of my time waiting for the ax to fall. Things are not perfect for me now, but it's better than it was there. Have things changed at all? How is it... — read more 

Is anyone left to turn off the lights?

I’m not sure there will be any employees left if we were to return to the office. Between layoffs and people quitting as they were told they probably don’t have jobs going forward, long term office leases will be paid for empty office space. It’s as... — read more 

No time to do all the work?

What do you do when you have so much to do and you don’t have enough time? This has become a huge source of stress for me and it used to happen that I have very little time to do the job even before, but now it happens so frequently that I just... — read more 

Conflicts among employees

When was the last time you had a conflict with colleagues? I am not a confrontational person, but some colleagues are often in conflict and this makes me very uncomfortable when I am in the office. As far as I've noticed, a common reason for these... — read more 

Bonus 2022

Is it time to lower expectations yet? Spoiler: probably.

What's the point of quitting now?

So many people are either quitting or saying they will quit as soon as they have an alternative and I just keep face/palming every time I hear/read about it. BNY Mellon is on a RIFing spree. People are being laid off nonstop. Those people are walking... — read more 

Sick Days & Nepotism

My manager threatened me last year that if you take a sick day (NY state has 5 sick days entitled) you will not get any raise or promotion and I can even promise bonus. I was given no raise due to 1 sick day I took in 2020. He was brought in by... — read more 

Reply All

It really isn't that difficult to comprehend when & when not to use the reply all function, but for some reason BNY Mellon is full of mo--ns that lack such comprehension skills. If the company would have adopted a policy to automatically rate... — read more 

Looking for a new job internally

How did you inform your boss that you are applying for another position? I am afraid that I will not get a new job. It might ruin our relations and so I risk being a very easy target on the list of some possible future cuts. What is the safest... — read more 

When is it really worth leaving?

Let's be realistic. I’m not saying BNY Mellon is an ideal place to work, far from it, but such a place certainly doesn’t exist. I made a rushed decision to resign and now I regret it because I went through the great stress that each new beginning... — read more 

It is becoming impossible to do a great job?

I have always been a perfectionist when it comes to work. I love my job and I try to do it as best I can... or so it was until recently. Due to the amount of work I have to do now, I can no longer think so much about high standards and doing great... — read more 

Personal belongings

Laid of from BNY in January. They still haven't given us a plan to get out personal belongings from the building.

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