Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Belongings left in the office

Has anyone that was let go in Jan heard anything about getting their belongings left in the office. I’m not happy that BNYM is holding my belonging hostage with no communication on how to retrieve them.

Most Prestigious Banking Companies

I have to admit, I'm not shocked BNYM is nowhere near the top. I'm shocked we made the list at all! https://www.vault.com/best-companies-to-work-for/banking/most-prestigious-banking-companies (We ranked at No. 38, in case somebody doesn't feel... — read more 

Retirement site doesn't have my termination year.

Anyone else having trouble setting up an account at https://bnymellonpension.bdigitalsuite.com? It didn't recognize me when I entered my ssn, birth date and termination year so I had to call them. They said they had no termination year on... — read more 

Closing Northpointe

A while back I heard that BNYM in Northpointe was shutting down. Does anyone know if they are still there? Just curious

Bonus for BE?

Anyone with intel on the usual bonus paid to BEs in % compared to ME (as a rule on thumb in an average year)?

Release letter

Has anyone that was let go this month signed the release letter. Any thoughts snd comments appreciated.

Return laptop

Has anyone who got laid off heard about returning their laptop? If so, was it from boss or hr? What are the instructions on how I get this equipment out of the house with a good riddance?

Vaccine

How many people plan on taking the vaccine if the company mandates it to return to the office?

More to India

So BNYM won’t put reqs in domestic locations so we have the bodies and support needed but magically found funds to put 45 temps in India. These f—s can’t figure out how to reset a damn password but they’re being put in positions overseeing system... — read more 

Can we be the biggest Fintech?

BNYM have potential to be the biggest Fintech, but given the IT talent (or lack of it), it will always be “potential”. Few talking heads and lot of outdated managers, and a ticking time bomb, due to ever evolving technology and organization like BNY... — read more 

First Layoffs, Now No Merit Increases

After a wave of layoffs in mid-January, those who are left were just told that only 50% of staff will receive merit increases this year and those 50% will be getting the smallest increase possible. This is how you reward the people who carried... — read more 

I've been made redundant - AMA

I work in the Piccadilly Gardens office and have been made redundant. Basically they asked management to select people to let go, then worked with HR to put things in place to ensure it was done in a 'legal' fashion. In my case my end of year review... — read more 

Always take that charge in the 4th quarter.

I see after skipping last year they're back to taking a charge in the 4th quarter to so they can convince employees how things are so tough when they're dishing out 1% raises.

EMEA layoffs notices this week

My team in Manchester, UK have been informed today that colleagues throughout EMEA would be getting notified about redundancies 'throughout' this week and be mindful when speaking to colleagues in case they are impacted.

Update

You guys are lucky... Wells Fargo employee here. We have your former CEO, Chuckie chainsaw Charlie. He's putting gasoline in his chainsaw and he's revving it up on us. Be lucky you're rid of him.

Todd Gibbons=Faux CEO

Todd Gibbons, the accidental CEO....... soon the EC will chew him up and spit him out also. As it turns out, Charlie was smart to get out while he could.

Now it’s our turn!

Layoffs happened and are still coming.... but make no mistake, so are the lawsuits against the bank! People have had enough!!!!!!!

How much more will we have to do?

We lose people to layoffs and attrition, nobody is hired to replace them, we take on their work in addition to ours, no pay raise follows, and then rinse and repeat. That's been going on for years now. When will it finally end? When we all break down... — read more 

Ireland Cuts

More cuts on way...many covert cuts done. There are people feeding in to management in the UK to advance their own careers (I believe they are called "rats" in some sectors of society). That is the culture created in Ireland due to poor management... — read more 

%

What % bonus should you likely receive on: exceeds meets

BE Bonus Eligibe?

I joined BNY at the end of 2019, so wasn’t eligible for a bonus in 2020. I (like many others) got a bogus BE rating on my year end review after getting a glowing write up and being told I’m on track and doing everything right. Anyways, with a BE... — read more 

NYS WARN

Any idea why there is no NYW WARN filing? https://labor.ny.gov/app/warn/

No layoffs in 2020 due to COVID

Instead BKNY will wait until it’s at all time high, running rampant. Enjoy your week Todd ? Feel good ? Nice bottle of wine with dinner. Do everyone a favor and RIF yourself.

Online

Anyone know if the salary bands are available anywhere? These being regional, US, Europe, APAC etc

The other BNY Mellon layoff story

I am helping my niece to find a new job. She is a young accountant and was just laid off from BNY Mellon. What you don't know is that for the past couple of months, she and her colleagues were forced to train their Indian replacements. I don't... — read more 

Recent layoffs - Severance

Any ex-employees here who were laid off this past Monday and have been denied severance? If so, for what reasons and how was it communicated? That seems really low!

Contract to hire situation- Am I screwed?

Was brought in on a to-hire contract this past June. Our dept spans 2 locations (Pittsburgh, Boston). 7 people have been fired/left/“left” in the past 7 months. I was told that if a full time spot opens I’d be offered but now feeling a little... — read more 

Stop sending out f-ing jobs to India

What happened to quality service? Everything has been given to India. They run our web exes , run help desk and cannot figure sh– out. You cannot understand a word they say and they have no clue how to do the work but let’s let go all the people... — read more 

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