Heard that BNYM will do a hiring wave in February now that current layoffs are underway.
Anyone over 60 left at the firm ?
Curious as to how BNYM gets away with blatant age discrimination. Maybe by keeping Todd. Trying to think of a worse way to let people go. Send them a link to a portal that does not work and have them go figure it out themselves. Nice work Todd. — read more
Media: /post-gazette.com/ BNY-Mellon-layoffs (Including Pittsburgh)
https://www.post-gazette.com/business/career-workplace/2021/01/13/BNY-Mellon-layoffs-Pittsburgh-pandemic/stories/202101130137
Doomsday will turn into Doomsyear
If you were lucky enough to still be employed after this week brace yourselves. More layoffs slated for mid March, June, and September. Might as well rename the company Bank of India at this point. At least Todd and his elves will get to keep their... — read more
Next round.
Anyone have inside information of when the next round of the hunger games begins?
CEO not a man or his word.
Who remembers Todd saying we would make the separation process more humane and allow people to leave with dignity ? This round couldn’t be farther from that. No HR person, your manager sends you a link. Good luck getting into the link and good luck... — read more
Got a BE and I am still not let go - What does it mean?
Achieved all my goals in 2020 and contributed to a major project that went live successfully. Yet got a BE rating. And surprisingly I have not (yet) been let go. What does that mean? Am I shortlisted for a future layoff? Is this a ploy to make... — read more
It is 7 am on 1/13. Is it over?
Hoping that yesterday was the end for this round. Does anyone no if it is?
Merit/Bonus
Merit/Bonus 2021 - discuss
I am still here, but I don't want to be
I survived this latest round but after seeing how many loyal employees this company has once again screwed over I really don't want to be. These were all good employees. Well, now they've lost another one. I'm giving them my bare minimum from now on... — read more
Any more cuts expected today?
Or was yesterday it?
Catch up
Is “catch up” the new slang for “you did something wrong and we need to discuss actions. Throughout the years, I’ve had many “catch up” meetings to discuss items like tardiness(being two minutes late due to transportation issues), common mistakes... — read more
Single Provider
Oh, well... BNYM changed the health insurance options this year to a c-ap single provider. None of my doctors are in the Anthem database. So, I guess all my medical bills will be out of network then
Laid off in Pittsburgh
I was laid off today a bit after 9 am. I was in middle management and I had a very long tenure with the bank. The timming is horrible for me but I'll have to deal with it. I was expecting the cut as the scope of my responsibilities has been... — read more
The ax is falling in Pittsburgh as we speak
Many good people with 20-30 years of service being let go.
BNY title/grade structure
what is the sr. group manager title in BNY?Is it a director title? any idea of the salary range and bonus?
Maybe this is old news
Just reading this: https://www.law.com/corpcounsel/2020/04/23/ex-bny-mellon-exec-says-he-was-illegally-fired-for-reporting-legal-issue-to-in-house-counsel/?slreturn=20210009165656
Forced Ranking: Suggestions in asking Mgnt if you disagree with Performance Review
Hi, I'm looking for suggestions here. My mid-year review meet expectations and the year -end review meet expectations, but the overall review ended up Below expectations. My Mgr agrees that I meet expectations but was given Below expectations as... — read more
It’s a business. Stop saying you care about the people- you don’t.
Maybe it makes you feel better and helps you to sleep at night but you don’t care about the people. Layoffs next week prove that. While Todd stated at a town hall we would be more humane about the process we are going in the opposite... — read more
I don't think we'll be back in the office this year
I believe that 2021 will be about the same or worse as last year. I don't see travel happening, either.
Offices closing
East Syracuse and king of Prussia are closing
Year in Review: Integrity
Anyone else find that Company News article to be poorly timed? Integrity isn't the description I'd give to our performance review process.
Be Prepared
Be prepared: print or download copies of performance reviews take pictures of other documents as needed. access to your PC will be taken away after you hang up with HR Have logins written down for other HR related sites like... — read more
Is Senior Principal at BNY Director?
Is Senior Principal at BNY a Director?
BNY Mellon has ZERO respect for its employees
It’s not about getting laid off. It’s about how BNY Mellon has chosen to go about shrinking it’s workforce. They have no respect for our intelligence. They are just a bunch of McKinsey disciples who feel that only, and I mean only profits matter. ... — read more
Retirement Package 20+ years
I heard management considering packages for employees with 20+ years with company to mitigate potential fallout related to laying many ‘senior’ people off. Has anyone heard anything similar? More details?
BNYM to reevaluate some middle management positions again
For 2021, BNYM would like to reevaluate some middle management positions again, just like they have done in the past. This will involve some managers who will need to reapply for the job positions that they already have. In most cases, the results... — read more
No motivation
Has anyone been seeing any lack of motivation in their BUs? For the last few months my coworkers - and I'll be honest, me as well - seem disinterested. Some of us feel like no matter how much effort we put in there, are no opportunities for upward... — read more
BNYM may be planning to dock paychecks $600 for those receiving the next round of stimulus money.
It is being heard that BNYM may be looking for a creative way to save on payroll by preemptively deducting stimulus money from paychecks. The rumor is that employees may be asked to sign a "Government Assistance Pay Reduction agreement" that will... — read more
Year End Review
Has anyone not received a year end review yet? For those who have received a year end review, how did it go?
Newish....Year End was a joke, is it pointless to escalate?
I've only been with the company for a few years, so I don't have as much context. My midyear and year end reviews were a joke.....off track/BE......and no follow ups, feedback, expectations, etc. Other places I've worked there were formal... — read more
1 or 2 - appraisal
Anyone actually get a 1 or 2 on year end?
2021 Layoffs
Anyone have any insight on first wave of 2021? January or April? Hearing different things. Know someone you was fine all year and only now on year end received BE rating (not deserved) on the list to be axed?
ATTENTION BNYM MANAGERS
Stop sending out e-mails to warn employees not to click on TEST phishing scams. It creates an environment of employees who are incapable of thinking for themselves. I am sure the department manager responsible for sending them out would be pretty... — read more
Wells Fargo employee here...Question on stack ranking?
Under Charlie, did you have to stack rank your employees at the end of the year only and then those below expectations would be laid off in January? Or, did you also have to stack rank them as part of the mid- year process and if employee ranked... — read more
Head of Ops Leaving.....comments?
Best wishes to AF.