What's your prediction as it relates to the possiblity of Bank of New York Mellon Layoffs 2021? Any news or rumors?
Topics regarding layoffs at Bank of New York Mellon Corp.
and his net worth is at least $43 Million as of July 2019. https://wallmine.com/people/28259/thomas-p-gibbons
Has anyone heard about when the majority of different locations will be returning to the office? January? March?
Ready?, set?, layoff! no one will be safe! The tsunami is coming! Fintech is coming for your job!
How is everyone thing about bonus season in 21? As bad as 20 or better?
As the competition in the banking industry gets stronger, BNY Mellon may need to be acquired in order to survive. https://www.cnbc.com/2020/11/16/pnc-to-buy-us-operations-of-spanish-bank-bbva.html
Ex-TSG(IT) leader here. I keep in touch with multiple people still at BNY and am being told that major layoffs are planned for Q2 2021 along with a potential real estate fire sale/lease termination. Let's face it, BNY has been in layoff mode... — read more
Make no mistake, as a result of the pandemic, the global economy has been hit hard. The reality is that over 45 million Americans were forced to file for unemployment, and numerous high profile companies were forced to file for bankruptcy... — read more
This is so true by Albert Einstein Quote: Weak people revenge. Strong people forgive. Intelligent People Ignore. I am going to add weak, cruel and greedy soul revenge...
Last year it was Sep, when will it be this year?
A bunch of us were in a meeting with two members of senior management. At one point, one of them said, “Old dogs CAN learn new tricks.” This person was referring to us learning new IT skills, but what all of us heard was naked age discrimination... — read more
I want the package. 2 months' severance pay for no work sounds good to me. I'm at a place in my life where I'm planning to leave soon anyway and take a few years away from the workforce to pursue other goals, so why not get a package on my way out?... — read more
Yet they added 2.50 hours a week away from them (130 hours a year) so they can be in line with “industry standard”. They are always a follower, never a leader.
I wanted to mention here that I began with BNY in an operations role on a processing team, and saw all of the issues that are frequently mentioned on this forum. Low pay, low morale, employees constantly worried about their job security, managers who... — read more
I see some of my coworkers literally being overworked and nearing their breaking point. A see a lot of them slip further into depression because they feel like they’re stuck. Basically, they’re destroying themselves for a company that doesn’t care... — read more
All of you must have worked very had to support those guys, you might have been very happy when you heard the news that your spying effort was a big success, BUT, non of. you have no idea how much that help me grow as person and excel. I am... — read more
I’ve heard there are mandatory BE numbers.
Especially if you are a young person just finishing up college. Don't waste your time being an intern or getting a job at BNY Mellon. You will regret that decision in less than 6 months I promise you that. You would not believe the dysfunction and... — read more
These are the law firms that represented IBM employees in a class action age discrimination lawsuit that IBM lost in court. I got the information for a journalist who wrote about the case. Have fun! Attached is the EEOC determination letter... — read more
What’re people thinking?
Are there any other women in particular or any individuals out there who feel muzzled by their male colleagues due to ego issues? I’m so tired of it. Several instances of speaking up about something and told it’s not a concern and later found to be... — read more
You are expected to do 2 hours of video training a week. If you want to follow along with the training and actually try to learn, it’s going to take more than 2 hours. Also, maybe it’s just me, but I wasn’t given any guidance on specific training... — read more
Ask around — now anyone marked for layoff or laid off will be able to be recalled for an even sh–tier job. And if you decline you lose your severance.
Big week coming up.
What a bunch of propaganda. I heard the same things 15 years ago, and 4 CEOs ago. Bla bla bla diversity. BlaH bla blah engagement. Blah blah blah.. Blah blah blah expense reduction. & what a bunch of hand picked softball questionS.
With a 9 months of it, I cannot believe how poorly it is run. Zero leadership and back bone by some of the senior management. Very odd back slapping culture. Lots of talk about female leaders (which I support) but the females picked to represent us... — read more
With the potential to not go back this year, chances BNYM continue to not lay-off into 2021?
Sorry if this is covered further down thread but does anyone have confirmed details on the severance policy? 2 weeks for a year is widely confirmed but I heard secondhand that BNYM requires you to also qualify for unemployment (ie need to prove... — read more
When a phishing email test is distributed to employees, it is not appropriate to warn the employees to NOT click on it. It defeats the purpose of the test. Instead of employees learning how to think for themselves, you are creating a bunch of... — read more
I heard a team was being forced back into the office on 9/14. This is soo ridiculous considering they said they have been working fine and effectively since March. Supposedly, HR requests are being denied for those whose children have remote learning... — read more
I've been with the company nearly 15 years in IT. I was forced into a management position a few years ago, even though it's still not my job title and I'm doing both management and development. For some insight, we were forced to give "Below... — read more
Heard that there's mandate coming from above for another 10% round before the end of 2020. Can someone confirm? Is it the truth or a rumor?
People don't trust anyone @BNYM, even if someone acts like very close friend of yours, these are hungry ghosts spying on you to protect themselves. I know not many do this but some poorly skilled and badly raised people with cheap and greedy soul... — read more
Check out the following... — read more
Why does BNY Mellon alway treat its oldest and most loyal employees the worst? People who have been with the company the longest? Do you know of one other company that cares this little about those who are directly responsible for the majority of its... — read more
Major layoffs coming. assessment currently underway, drastic overhaul of the service delivery model coming. I’ve been asked to put names in boxes and put forth names for termination.