It's been almost a year now that I was cut from BNY. I am almost 60 years old and been with the company for 23 years. I thought it was my forever job and retirement was just around the corner. Not the worse thing that could ever happen to me. For... — read more 

Heard there were more layoffs coming in January. No surprise here. Can’t take it anymore here. I’m 60 and with the company 30 years. Despite getting good reviews and working my butt off, my manager told me to “be prepared for the worst”. How can... — read more 

What are the salary amounts for the various letter grades at BNY for the US?

I understand the program is nowhere close to where its supposed to be in terms of meeting its objectives. Greenfield has turned into an endless money pit where millions are spent, but the intended return on investment is never realized. I guess... — read more 

Folks lists are getting ready, some team started bringing in some consulting companies to handle the mass lay-off post activities.

Politics, utterly toxic work environment, bosses who treat their employees like dirt... I'm surprised everybody at BNY Mellon is not on some kind of anxiety medication.

When layoffs are determined 1 step above your manager, as they often are, then ratings usually matter little.

Who else got it?

Seem familiar? https://www.npr.org/2019/12/20/790101370/french-telecom-company-convicted-of-moral-harassment-after-employee-s–c-des?utm_medium=social&utm_campaign=npr&utm_term=nprnews&utm_source=facebook.com

Why are the senior management in this organisation incapable of making country managers accountable? We continually hear about values and the expectation to challenge. However, local management laugh in the face of this or certainly do not act in... — read more 

CFO of TS has no finance background and in a cost cutting environment moves his low cost location Pittsburgh manager to high cost location NYC when all of her direct reports are based in Pittsburgh. Let’s cut jobs to pay for that.

Weak middle management is forming a strong alliance to protect themselves from being laid-off. I saw few middle management taking off around the same time to meet secretly to plan how to form a strong alliance so that no one from upper management... — read more 

Why have some topics been removed? Very interesting that the one on BE ratings is gone.

The company are engineering good employees in to the BE 10% quota. Statistically aprox. 75% of employees that receive BE have departed the bank. DO NOT LEAVE. Instead go down the HR grievance route and refuse to sign off your BE rating. They will... — read more 

There's a good reason why other banks don't mess with crypto. There will always be some level of reputational and compliance risks associated with doing business with companies invested in cryptocurrency. But since when has reputation and... — read more 

Let others know what it's like to work for bnym on Glassdoor and Indeed. Both sites are anonymous.

So I had heard that the branch area in which I work will be having a day where we will be having to close for the day and when it’s closed it will be on December 25th. The hope is that, they will take the time, to look into, cost cutting during that... — read more 

I heard from a very credible source (my direct - Senior Management) that individuals with BE.. and even achieved ratings will be targeted the week of Dec. 16th and also Jan 14 and 15.

https://www.pionline.com/money-management/mellon-lose-active-equity-co-cio

1,500 to be cut. At least their upfront. https://www.foxbusiness.com/markets/morgan-stanley-layoffs-coming

Ok folks...who they gonna announce as new top dog? Which cxnt habe they lined up?

I am an IT person who was let go 5 years ago after 32 years. Cutting IT staff in half? Who is going to support those old COBOL programs, many missing source, that support billions of dollars of business? Deconstruct them into COBOL - I saw that... — read more 

In case you missed it, Yahoo finance posted a very interesting article regarding some of BONY's ugly history. It talks about one of the longest most hostile takeovers in American history, the merger of BONY and Irving Trust. That merger allowed the... — read more 

It’s the top honor now in IT. Unsurpassed, unmistakable, unsurpassed (used 2x !!) and remarkable are the superlatives to describe our leader. I’ll cut staff in half !!

The only way management will take it’s employees seriously is for the employees to band together and fight for better conditions. In a show of support for everyone being put thru this c-ap, call in sick 12/16

What’s the latest fake news here? Seems like that’s all we see on this site. No real information etc. lots of moaning and throwing around big numbers

Anyone below third level from top and just above people who does the actual work must be terminated first but that did not happened. Instead , these middle management targeted the actual hard worker that actually builds the company ... — read more 

Laysoffs in the thousands .... a joke. Not the first time either. Any credible posts on here? There are been a handful of layoffs globally. Sensationalist site

Was the news about not renewing the lease on the Brooklyn office for next year fake news? Lot of employees left in Brooklyn now that it looks like lay offs aren't actually going to happen. Anybody know whats actually going with 2 Hanson Place?

Google that term and “BNY Mellon” to see how low this company will go to get money. Sticking it to a charitable foundation? Seriously? So much for “corporate social responsibility”. What a bunch of dirtbags.

I am so glad to be away from this nightmare of a place to work. The idea of hard working individuals living from month to month, week to week, and day to day having to worry that their lives will be turned upside down because they may be walked out... — read more 

Anyone got the number? A lot of talk of 1000s but based on reading this and talking to coworkers barely even close to 100. Zero on 14

Right at 8AM

All, if you got BE do NOT sign off your PMP. Something is pending on this with a group of employees that have got together. DO NOT sign off.

Lay-off moved to January from 2nd December, still, a lot of re-org going.

So with this impending storm in NYC Sunday into Monday...if one slated for the chopper is WFH what happens? Fired via phone? Cut off access etc?

Excellent year. All targets met. Monthly one to ones were all great...... bombshell dropped that im in BE. ..... no real explanation. Emotional and mentally drained, violated and drained. Not in a good place :(

Sound familiar? Layoffs, hiring JPM people - even hired Bill Daley (again)!

If you work hard all year with no issues and all of a sudden you are tolding you are in the 10%...... do you have to sign off your PMP? Options and advice please? Have 3 colleagues in this position.