Thread regarding Bank of New York Mellon Corp. layoffs

Thinking about quitting but not quite there yet

Those who did quit, what finally pushed you to leave your job? Was there a particular moment that made you say, that’s it? I’m not quite brave enough to take the leap just yet, but maybe hearing about other people's experiences could give me that little nudge I need.

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Post ID: @OP+1vaLCkfS

12 replies (most recent on top)

@OP

I decided to quit during my last performance review. I’ve always worked 60 hour weeks (exempt) and my manager started to push me for 80. We had quite a heated argument. I had a quality speaker phone because I had run my own business for over a decade plus working for the Bank.

So I put my speaker phone on mute, yelled down the stairs to my wife “Do you mind if I quit? And she said “No, you have to get the he-l out of that he-l hole”. So I did.

My only mistake was giving a long notice to remain bonus eligible. They carved up my bonus like hungry predators.

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Post ID: @6egb+1vaLCkfS
  1. RTO mandates which made it almost impossible to meet the requirements based on my commute (moved during the “manager discretion” era of RTO with a mutual agreement with my manager)
  2. Seeing years of the same thing: promoting and idolizing those who prioritized image over real progress (including firsthand witnessing of actual lying/misrepresentation for the same of image) while punishing and pushing leaders out who were principled in doing the right thing.
  3. I interviews elsewhere and had an offer lined up.

#3 is the most important. If you’re considering leaving, go start interviewing now. It’s cr-ppy work and interviewing su-ks, but if you grind through it until you get an offer, the clarity of what choice is best will come quickly. Take care of your finances first and don’t quit till you have another place lined up. BNY won’t show loyalty to you, so don’t worry about leaving ASAP after getting an offer or interviewing elsewhere on company time.

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Post ID: @5fwb+1vaLCkfS

@uwo

What was the netting for when you left, and why did you have to use it?

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Post ID: @5uge+1vaLCkfS

Just get there

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Post ID: @3amz+1vaLCkfS

Got my bonus and 401(k) match and then bounced!

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Post ID: @icp+1vaLCkfS

All the lessons I needed to learn about corporate america, bitterness, politics, gaslighting, bullying, favoritism, job insecurities and sabotaging others, lack of actual meaningful skillsets, fake leadership and many others, I learnt at BNY. Will never work for this company again.

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Post ID: @bjr+1vaLCkfS

10 shares and coffee being held over my head.

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Post ID: @ykh+1vaLCkfS

I’m in the same boat as you are OP. But I’ve come to care so little that I’m pretty confident I’ll end up on the chopping block come layoffs time before I ever get around to quitting

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Post ID: @snf+1vaLCkfS

When two of the following four conditions were met:

  1. A manager asking me to lie for her
  1. Same manager telling me bald faced lies
  1. Openly berating me in front of others for disagreeing with them and pointing out problems/ errors with their approach to a problem they oversimplified.
  1. Apologizing in private when they knew they were wrong.

And finally…. Knowing an incurable sc- u. m bag when you see one.

They are gone now too. The garbage does take itself out eventually.

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Post ID: @zyk+1vaLCkfS

I was getting promotions every 2-3 years. My final role had me as a manager but in early 2022, we got a new director. She brought in two people that were a grade higher than me but no managerial responsibilities and generally fewer responsibilities overall. Candidates interviewing for openings on my team were asking for salary way above mine despite applying to a lower grade level. It really made me home in on how underpaid I was and although I had a good career here, when you’re time is up, you’ll know. I’m glad I found a new place that pays me properly

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Post ID: @zol+1vaLCkfS

Our team was reduced over several years to about half its size. My manager continuously asked for an add to staff as more work was sent our way. The team was often overwhelmed and leadership knew this and chose to do nothing. A member of the team died during Covid. When the topic of a replacement new hire came up, my manager was told they were going to need more justification to get the position approved. Good bye!

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Post ID: @ccc+1vaLCkfS

My breaking point:
2 years ago BNYM’s Ed Assist program refused to pay for my tuition reimbursement. I got the grade needed, but they rejected the first form I sent in because of a small technicality (the amount requested was not the amount on the receipt). I said okay and filed a new form, because of BNYM’s requirement of when the form needed to be submitted I was out of luck because the deadline had already passed of when forms could have been submitted. Because of this issue I lost $10,000.
I complained to my manager and director since they approved the forms and knew I was already going to grad school.
The director said “if you don’t like it here you can leave”.
Little did the director know before I talked to her I had already interviewed with a tech company. I got the job offer for much than what I was making at BNYM literally minutes the meeting with the director. With the remaining minutes I drafted my resignation. After hearing the director say “if you don’t like it here you can leave” I knew my time was done. I simply said “okay” and right after the netting sent in my resignation. I got a lot of emails after that, but I did not care because I was simply done as that was the final straw.

Today the stock I have kept growing and that has ballooned into a nice sum that I am using to buy my first home.

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Post ID: @uwo+1vaLCkfS

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