Thread regarding Bank of New York Mellon Corp. layoffs

Suddenly BNYM is learning to love telecommuting

Priceless.

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Post ID: @OP+13Vb2CmU

28 replies (most recent on top)

I know we can’t post names here but who on the executive committee was most against working from home?

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Post ID: @8ggz+13Vb2CmU

@7gqu+13Vb2CmU, of course we all care for ex-employees who were shown the door. The vast majority of the conversations here are supportive and informative for your decisions as well as for those who remain, many of whom in all likelihood will be following in your footsteps. All active employees care about you... there is no reason to wish for all of us to sink to new lows. We may still be here and you may very well return here. Let’s all care for and about one another.

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Post ID: @8fvs+13Vb2CmU

Congratulations to the two members of the executive committee who are always reminding everyone “I’m on the executive committee” (just stop - you’re not impressing anyone) The former is responsible for ending the remote work program in Jan 2019 that was working effectively and if still in place would have put the bank in a much better situation to address this crisis. He ended work from home With only 14 DAYS NOTICE and resulted in the firing of anyone who didn’t return to work (for job abandonment). And the latter supported those actions and left the business understaffed and unprepared to manage on a typical day let alone in crisis mode.

Your lack of “leadership/management Skills” are on full display again during this unprecedented business disruption as you demand staff work from home with no direction or support. (All while you run around trying desperately to look busy and effective to mask your obvious fear of the situation we all find ourselves in)

Not to worry. Those who do the work and keep this place running while you and your peers self-congratulate will continue to do so. For just stay out of the way and let us do what you should be doing.

Oh and Charlie Scharf maybe, with this market crash and our stock continuing to tank, you can try to forget it was YOU during your 18 month tenure that brought the stock down 20% leaving us in an already weakened position going into today’s crisis. Congratulations to the board of directors- you’re doing an embarrassing job Staffing the executive management ranks with unqualified overpaid self-promoters.

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Post ID: @7okk+13Vb2CmU

It's sinking. WFH is not working and MGMT will never admit they have failed and are still failing. They're more concerned with drinking the Koolaid and not rocking the boat.

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Post ID: @7exg+13Vb2CmU

The thing is I am an ex employee who was shown the door and u don’t care. I’m hoping the place sinks to new lows.

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Post ID: @7gqu+13Vb2CmU

No VDS issues for me. All working well. I appreciate being at home. Some comments here are just id–tic and crude. Go away. Let real employees who care comment.

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Post ID: @7zmm+13Vb2CmU

Just fire up Netflix brah. There's no way they'll make you keep deadlines when you can't connect to yo shyt. Tell 'em eat yo a$$ with a spoon, I'm watchin Better Call Saul like all damn day.

WOOP WOOP

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Post ID: @6ppq+13Vb2CmU

This is a complete joke! No way can the networks handle the traffic. Screens keep freezing up, getting kicked off network all day, etc. This is going to get worse when they want everyone working from home by Friday.

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Post ID: @6mwc+13Vb2CmU

Today worked pretty well honestly. I didnt observe any major issues. The teams did a nice job handling capacity. Hopefully this continues.

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Post ID: @5vtq+13Vb2CmU

@3zrx+13Vb2CmU Actually the outsourced employees in India have picked up the slack and spoken to customers/clients in the past. It warn’t pretty and won’t happen again guaranteed.

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Post ID: @4fze+13Vb2CmU

@tgf+13Vb2CmU.... BNYM has always had issues allowing telecommuting except for managers, managers’ pets and exempt staff required to working unpaid uncomped weekends. Don’t pretend that this started with Charlie, he only tried to eliminate it for the pets. This is why WFH infrastructure was never built out for scale.

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Post ID: @4bwz+13Vb2CmU

@4dtp+13Vb2CmU I think you'll be fine, we've all done it. Just make sure to let your pm know if you're blocked.

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Post ID: @4gxa+13Vb2CmU

That awkward moment when you're dropping a cleveland steamer in the middle of a standup meeting and forget to mute your line.

I really hope I don't wind up on some kind of list because of that. Anyone have experience with this?

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Post ID: @4dtp+13Vb2CmU

20 years without credible technology leadership and direction does have consequences.

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Post ID: @4uya+13Vb2CmU

Take PTO and don't record it in MyTime. Problem solved.

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Post ID: @4wqw+13Vb2CmU

I'm proud to say with my binge TV watching, I have NOT contributed to an excessive amount of VDS overhead. Just doing my part.

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Post ID: @4jwx+13Vb2CmU

If VDS is maxed out would that mean certain people will be asked to not work? If so, would it pto or forced vacation time?

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Post ID: @4dpv+13Vb2CmU

VDS capacity has been maxed out

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Post ID: @3pjw+13Vb2CmU

Let the outsoured employees in India pick up the slack. OH they can't since they do not speak to customers/clients.

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Post ID: @3zrx+13Vb2CmU

LOL. Their POS telecommuting system has never been able to handle any sort of capacity. This is gonna blow up in their faces big time. Mama June gonna be quite embarrassed when this hits the papers.

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Post ID: @3mwz+13Vb2CmU

I want to see the manager’s s***t face who said he wants his entire team right under his nose :) and made the team miserable last few months making everyone of us to come in every day - i wish he is made to work every day in the office even though rest of us are working g from home

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Post ID: @2aiq+13Vb2CmU

This is beyond pathetic. Chief operating officers are so inept. They knew the systems were inadequate and hoped it was never tested. When it was their decision was to keep half of “critical” employees home, send the other half of “critical” employees to work then after 2 days capitulate and send everyone home...next Monday. Instead of immediately?

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Post ID: @1tvr+13Vb2CmU

Email from Todd today said the executive committee decided to have most of staff globally to work remotely except for “essential in-office personnel” (feel bad for whomever this is)

Enjoy everyone!

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Post ID: @1joj+13Vb2CmU

Hopefully this k–ls the ridiculous and terrible use of an open office setting.

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Post ID: @1nxu+13Vb2CmU

A bunch of us WFH'ers spent an hour trying to log in this morning with no luck so we all met up and played 18 holes. Hope everyone that had to go into the office today picked up the slack because we might play another round tomorrow!

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Post ID: @1eab+13Vb2CmU

It's not telecommuting, it's social distancing. the senior management will say its for the health of staff but of course its about keeping the money rolling in for the shareholders. telecommuting would be something you'd agree to, something properly planned, the company making sure you had the right tech available. BNYM are telling staff to work from home with no notice, no supply of equipment (you are to use your own pc, mac, laptop), and the senior management have washed their hands of the impact to staff by telling the team managers that it is their responsibility to look after the welfare of staff.

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Post ID: @fuq+13Vb2CmU

BNY is one of the only firms who haven’t gone fully work from home in major cities. The reason is their systems can’t handle everyone logging in remotely. Fairly embarrassing for a “tech company”. Unreal that they are the plumbing of the global financial system.

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Post ID: @ppc+13Vb2CmU

Don't believe BNYM ever had an issue with telecommuting - it was Charles Scharf who disliked it. Stop stirring the pot.

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Post ID: @tgf+13Vb2CmU

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