Good luck to everyone impacted on Monday!
h1b and greencard sponsorship
How come bony can periodically layoff tenured folks and still hire and sponsor 100s of h1bs
30 days notice?
Has anyone VP or above refused to give the ridiculous 30 days notice and leave in 2 or “effective immediately.” I’m strongly considering giving 2 middle fingers to these id--ts and just turning my equipment in. Curious as to what the firm can... — read more
Markets
If you’re considering a role on the Markets side, know what you’re walking into. The culture there isn’t just competitive, it’s dog-eat-dog, and it’s shaped by leadership that’s more interested in protecting itself than developing people. Too many of... — read more
Has anyone successfully used the new homebuyer benefit?
Is there anyone who has been able to successfully use the new home buyer benefit? It seems like you upload a deed or a final closing document and then you’re reimbursed for an amount of $6500? Does anyone have any personal experience with this yet?... — read more
Time to say good bye
In TRM and part of risk - my game with BNY ended today. Was. Good stint for 14 years. But have no regrets.
is corp tech effected by tomorrows layoff?
wondering if corp tech in nyc is effected tomorrow.
Severance
Is it going to be the same as the last time? I'm hearing there might be some reductions, but I truly hope that's not true.
It's crazy how much BNY is paying talented employees to leave
BNY doesn't seem interested in keeping talented employees. They're paying some truly great people to walk out the door with each new layoff. I don't understand the strategy. You pay people to join, you invest in them, and then you pay them to leave?... — read more
Layoffs on Monday 8/24
I know there are layoffs happening this Monday 8/24. Does anyone have any intel on the scope?
AI bubble about to burst- BNY losing interest?
We have all noticed, including people in neighboring departments, that all the fire and fury about AI back in the Spring has disappeared. Also, many national articles about AI buyer’s remorse and people who were laid off being rehired; many errors... — read more
layoffs (Delaware)
I’ve heard chatter that the closing of the Delaware office is going to lead to a huge increase of layoffs. But get this upper management is already aware and the town hall meeting was damage control!! This place is absolutely horrid. I wonder how... — read more
WFH full time after notice
If I resign I need to give 30 days notice do I really need to show up to office in the final stretch? Maybe last day to turn in my computer. I’m thinking what’s the point it’s not like they can fire me, by the time “not on model” shows up I’ll be... — read more
Can they legally require you to report to work if asbestos and mold are found in the building?
I work at One Boston Place and am impacted by the sudden site closure due to debris from the renovations. My manager said on today's scrum meeting that we may have to come into work in two weeks and recommended that we buy N95 masks because he was... — read more
BNY Stocks
How do I cash out the six BNY stocks we were granted back in 2023? I clicked transfer but was met with “your cash balance is $41.36. To make more cash available, you’ll need to place a trade”. Total account value $1033.82 Explain to me like I’m... — read more
Vacation during notice period
I have a week planned vacation during my notice period. Do I have to cancel my trip? I cannot risk getting "fired" due to concerns of health insurance and family medical issues.
Incenstuous board seats
RV gets a seat on the OpenAI board. Now a McKinsey exec gets a board seat at BNY. What’s next in this game of thrones?
Fired quant sues BNY Mellon, alleging age and disability bias
A quantitative analyst who spent more than two decades at BNY Mellon says the bank pushed him out because he was 58 and disabled. The former vice president filed suit against The Bank of New York Mellon Corporation in Manhattan federal court on... — read more
Signs of bad leadership
Fear tactics, low morale, revolving door, broken trust... All of which BNY leadership has hit, and then some. We need a completely new leadership if things are ever going to improve.
200 Park NY
Heard this location is closing in Nov 26'. Can anyone confirm? Bank relocating wealth MGMT and I heard they're getting rid of short term cash/money desk.
When will management realize fear-driven culture is destroying us?
Fear doesn't motivate. It just empties the building of the people you actually need.
Are any E. Syracuse/Oriskany employees left working from home?
Just wondering if they’ve all been let go yet. There was one group (investment services) that was still hanging in there as work from home but I was wondering if they still are or if they got let go?
Wilmington Closure
So finally the company got the ba--s to be honest and broke the news Wilmington office IS closing June 2027. But the kicker is they are saying everyone “left” would be working remotely. I just don’t see that being true after all they just FIRED tons... — read more
Sedgwick
Anyone go through the new reasonable accommodation remote work process with Sedgwick? They have revamped the form specifically for BNY. This is going to lead to more lawsuits. The form basically implies they will not allow any remote accommodation...
The Rise of BNY Human Amplifiers
BNY has perfected a new corporate art form: mid level managers who treat LinkedIn like an audition stage and themselves like a microphone. Every leadership post, every transformation slogan, every intern’s “growth moment” gets amplified instantly... — read more
Site closure 2027 Westborough and Everett
I found out the other day from a site lead that Boston is imminent. March 2027 is the projected day to have us into Boston both Westborough and Everett. This is very alarming. This is going to incur so much money for me coming from Westborough. I... — read more
The Virtue Parade at BNY: Why Employees Aren’t Buying the Act
Just read a LinkedIn "leadership blurb" written by a frequent BNY poster and it inspired me to question what we see and feel every day at work. The subject of “making honesty safe” would be inspiring if it weren’t the exact opposite of how things... — read more
Commercial “ lift off “ … commercial banking BS…?
Can anyone please explain this crck of sht about BNY getting involved with commercial banking… ?? 30 years ago, Mellon was a true leader in middle market finance and treasury management…. One of the best in the industry…. Those days are long gone and... — read more
Anyone know how much the company has spent on Eliza?
Lots of agents have been made, none of them good. Any1 know of any agents that are actually useful and have any benefit over what workbench does?
No, we're definitely not family
I'm so tired of the "we're family" speech when they need me to work late or take on extra projects. The moment I ask for a fair raise, it's "business decisions" and "budget constraints." If we're family, treat us like it. If it's business, stop... — read more
Let Robin eat it
Since he wants to sc--w Americans out of jobs and keep laying off with false performance, stop helping set them up for success. Do not put your notes out there, do not share them, do not update procedures with all steps. Quit doing it! Let this... — read more
Forced "Early Retirements" With No Packages
Coming to a Bank near you. In fact, it is already here. Expect more love in the coming months. We are all owners. It's our culture and our people that make us special. AI and P-M are transforming our company. Always do what's "right" Rah Rah... — read more
Sick of the fake performance bs on linkedIn
All this dbag does is lie out his a-s. No new business but he wants the world to believe bny is bringing in millions and hes saving with AI. No bi--h you are saving because all you do is terminate U.S employees
Wilmington office to close June 2027
Just got notified
Don't wait for nothing
I always assumed layoffs came with a guaranteed cushion, which made them less scary for me. Yes, you lose your job but you get a decent safety net to get you through the unemployment stage. Then I found out severance is 100% discretionary and now I'm... — read more
Benefit - Travel Insurance (UK)
I was ‘laid off’ (UK) and had purchased travel insurance as a benefit. Is anyone able to provide details of the provider/group group policy number as having trouble locating. Many Thanks.
BNY Leadership Virtues The Optics Are Noble, the Reality Isn’t
BNY leadership loves talking about “virtue” the way marketing teams love talking about “transformation” — loudly, frequently, and with zero connection to reality. Our CEO reminds LinkedIn followers that he’s a proud New Yorker of 25+ years, as if... — read more
I'm over this place
I'm hanging on for a severance package. That's it. Considering the frequency of layoffs, I don't want to jump ship ahead of time and leave good money behind. I'm determined to leave, I'm just in a waiting pattern right now. I don't care if it's... — read more
OpenAI Welcomes Robin Vince Because Nothing Says Responsible AI Like BNY’s Leadership Style
Robin Vince announcing his appointment to the OpenAI board reads like peak corporate satire: the CEO of a bank whose employees publicly describe leadership as opaque, dismissive, and allergic to accountability is now helping steer the future of... — read more
Salary band - Manchester Director
Does anyone have the bottom/top in the salary band for Director in Manchester?