Thread regarding Bank of New York Mellon Corp. layoffs

Different bank, same issues

You might work a while at a bank or two with some of our issues, sure. But there is no other bank with all of our issues, the sheet severity of the toxic environment and the lack of any credible business plan.
This is the worst managed bank period.

Original poster @1fzr+1fVyyWBW. I don’t want it to sound like I’m defending this management, but it’s true that my former colleague and friend went to another bank thinking they wouldn't have the same issues as here, but now she says she’s not much happier there either. So I wonder what issues from BNY Mellon are not found in other banks?

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Post ID: @OP+1fZ17sBZ

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@mds, our group had to beg the business to test changes and sign off on them. And they were the ones requesting most of the changes. I sure don't miss that place.

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Post ID: @1sne+1fZ17sBZ

Are there former bnym managers at the other bank?

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Post ID: @1xoz+1fZ17sBZ

In technology:

  • we are light years behind the major banks
  • small changes to an application requiring endless architecture review, a boatload of forms and approvals, and the Pope to bless them to be moved into production
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Post ID: @mds+1fZ17sBZ

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