Thread regarding Bank of New York Mellon Corp. layoffs

@1wbw

Removal of access to printers is not really an issue. I too had felt this way until I learned about Roman Regelman’s 5 year FAX automation project. You can get darn near any up to the minute report by fax at work or at home. As he explains it, Fax is secure, so I have to credit the guy as a visionary.

LOUSY and insulting "employee appreciation" in which we were promised pizza and only received a cut-in-FOURTHS dinky sandwich and NO DRINK, then they had the audacity to say "we hope you enjoyed your lunch." Lunch? For an anorexic maybe.

Honestly I’m thankful that the cleaning crew in ONE BNYM does no cleaning. I walk in every morning to asbestos silt all over my desk and everywhere. But I have wet sani-wipes as well as a stockpile of N-95 masks since COVID. I now understand that they’re completely useless for COVID but I’ve researched and learned that they completely catch asbestos.

So I clean the h*ll out of my area every day.

Lousy quality food in the cafeteria.

3 days ago by Anonymous | 15 reactions (+15/-0)
Post ID: @jek+1kdqyywR

Asbestos ceiling tiles in OBNYM flake off in the air and cover our desks daily. People have called HR and some have pursued OSHA to no avail. Personally I brought in a mask and cleaned up my desk every morning but I’m refusing to come in now.

@yrc

There is no free coffee. We pay for it, it is overpriced and we have no choice in vendor as BNYM negotiated it. We also pay for polar water for our coffee as the lead pipes in Mellon 3 are banned for drinking. If we had an HR department it could be rectified but we are ignored.

Respect, dignity and my sense of self worth!

Grade M's used to be Managing Directors until Todd decided that M's had to be bumped down to Director. And there were other title realignments (a/k/a removals) as well. I had to tell staff who were very proud of being Assistant Officers that they no longer had a title. Thanks Todd!

@1zey

Yes, you’re missing the lead 8 weeks. Severance was always 8 weeks + 2 weeks per year for a max of 52 weeks total.

@OP

The ending “R” was removed from “Merger”.

Forced to install bank software on out personal phones and we had to sign an agreement that BONY could go through our phones at any time including location. Don’t sign and you forfeit your job. Worst of all some of the apps didn’t even work and we relied on SMS anyway.

Access to use printers removed

Used to be able to retire at 55 (with enough years of service) and keep any unvested RSUs. That changed in 2020, so if you retire then, you lose them.

We did have company supplied blackberry devices. They went away around 2016 or so. Of course, not everyone had one.

"The 8 weeks + a month per year severance was reduced by eliminating the 8 weeks."

I think that today is 2 weeks per year (US), or am I missing something?

Every year without fail TurboTax tells me that I made less than the year before. First, I don’t need Turbo Tax to restate the obvious and second I just put in my notice.

Limited professional career track as connected people know that they have the position before they even apply. And yes, HR is in on it.

Raises were pushed back 3 months four times in 2005 to 2018, effective eliminating one year of raises to everybody.

The 8 weeks + a month per year severance was reduced by eliminating the 8 weeks.

The medical plan went catastrophic in 2008 due to the Cadillac plan tax in ObamaCare, deductibles skyrocketed as did max out of pocket. After than it has been cut every year since without fail.

Pension promise was gutted 6 times to approximately 1/3 of what was promised.

401k match went to a straight $750 instead of a 2% match plus everything else that was mentioned. Bottom line each year you make less than the year before.

@fzb

There were never company supplied cell phones. Try late 1970s pagers.

Can’t help with that list… I’ve spent years repressing it as it’s the only way to survive here.

LESS employees and MORE work and MORE micromanagement.

Question: with Covid raging in China and increasing sharply in America again (not including the flu and RSV), WHY are they forcing both RTO andplacing everyone so close together? Doesn't make sense.

LOUSY and insulting "employee appreciation" in which we were promised pizza and only received a cut-in-FOURTHS dinky sandwich and NO DRINK, then they had the audacity to say "we hope you enjoyed your lunch." Lunch? For an anorexic maybe.

Cleaning crew does no cleaning- nothing is swept, dusted and the bathrooms smell horrifically.

Lousy quality food in the cafeteria.

HSA award from Virgin Pulse for you and spouse
Lackluster vacation tracking system (excel ones owned by the individual teams were much better)
No garbage cans near desk
401K not match until end of the year
One choice for health insurance (used to be Aetna vs UHC, now it's just Anthem)
IT Chat is replaced with a robot which just makes you fail the prompts to get to a human anyway
RTO is starting to heat up as opposed to more flexibility
Smaller desk space, people on top of each other
Non-exempt going from 35 hours to 40 hours without those 5 hours counting as "extra". So take your lunch but expect to work more or work through lunch without a break.
Travel severely restricted as most people can't visit clients or their teams in another state yet executives get to travel the world to make mission statements and post on LinkedIn
Smellier Bathrooms

Had a couple years where ZERO raise across the board & then the following year they told us how they were committed to giving us a raise after not getting one… But it was going to be six months later than it use to be, and only 1%

You fail to mention loss of desk space, file cabinets, desk telephones, desk trash cans, and company supplied cell phones.

Wait. We do get free coffee? What’s better then that’s
🚜🚜

Less choices for health care. Wait only one option. Lol