These cuts that rumors are circulating about will only spur an even bigger wave of departures, as everyone is losing patience with doing double workloads.
Given that we are already understaffed, that a large number of people are missing, cuts would be a terrible move. Is there really any room for cuts? Who will be the target now?
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@nog, Charlie skerf bag already got bi--h slapped here. It's just a matter of time before his empty suit is swallowed up by his own wokesters. But even so, there is no way his ancient bank would have any synergies with ours.
My boss was laid off last week. We still have not been contacted by ANYONE to tell us who we now report to or what the situation is. Complete crickets. Very bizarre, and rather disappointing. "Our people are our most valuable asset." Ya, right.
Based on what I heard from leaders today, they are aware of upcoming loss and o my seem to be focused on trying to get temps in. They have zero care as to why mass people are leaving and don’t care about your RTO concerns either. Mr Todd says you do better in office babysitting so that’s it
Agree w @inx. Imagine Wells Fargo acquiring Broke of New Woke Mellon.
Here is a perfect example of a tech addicted millennial working without a grammar checker. Did you know that they are the smartest ever?
So… the generation which created 90% of today’s high technology are somehow technologically obsolete? And, the user friendly tech toys that the millennials were born to play with somehow turned them into techies?
No, I believe that they’re referred to as “users”, addicted at that, and cannot put down the so called “smart phone”.
@ziy, you are talking out of your a-s. I know many of those so called burnouts who could run circles around the youngster using the MS suite and that includes me. Your comment is akin to stereo typing all older staff as being software illiterate. Go crawl back under the rock you crawled out from.
Return to Office is like "The Man in the Grey Flannel Suit" commuting hours into The City on the train.
Oh, wait. For The Bank of New York it still is 1956.
they cannot afford being understaffed cause then programs suffer however yes you will get canned if youve been with the company for like 15+ years and have a high salary. nowadays everyone coming into the company is a referral. so they already have your replacement in mind.
I’d like to see some of these young punks work on some of the ancient applications and technology at BNYMELLON that us old burnouts have been maintaining ie COBOL CICS VSAM many times in the middle of the night weekends holidays etc etc.
DSGenius, excel should be banned. Why would anyone manually create spreadsheets to pass around data that will immediately be out of date and have very limited access controls, retention, failover etc, etc. You sound like one of those kids who thinks they know technology because the can use snapchat.
The beatings will continue until morale improves. It has been that way since the merger in 2007.
The old timers can barely using Microsoft Excel, dump them. The fresh college kids might be lazy, but they're more efficient with technology and cost less. They're also less likely to die from the killshot.
@qqq, really less expensive replacements? Those burnouts who helped make the company back then when it was a good company deserve better. These younger less expensive replacements don't have the experience and don't know the business like the old timers. They get in the door, work a year or two and move on to another company making big dollars. Actually a lot of those college grads being hired are making close to 6 figures without even earning it just because they have that piece of paper. So please, get real it's those old timers who are being burnt out that helped build this company.
Don’t worry, We can replace the underperforming burnouts with younger, less expensive replacements and we will be better off.
This is all a part of a plan to merge with another major financial institution to demonstrate that the bank needs help.