I recently was offered a job in Ireland. This was my first job out of college. Accepted the job and joined. Was told my salary was competitive. Now realised that my salary is 53% less than what my friend started on in competitor bank in same... — read more 

The organisation is in the bottom 8% when it comes to remuneration / benefits in the financial services sector. This cannot be papered over by false sentiment and statistics at a townhall. Pretty shocking really how employees are treated. Very poot... — read more 

They are purging management ranks https://www.thelayoff.com/u-s-bancorp

I’m sure we will all be insulted and berated, as per usual. Can’t wait!

Did anyone read the article on Goldman Sachs cutting salaries and benefits? Guarantee when BNYM has nobody left to lay-off or send to India this will be our next strategy to keep the shareholders and board happy! Not like they haven’t done it to us... — read more 

Recently, several associates who were let go and have not yet found positions were notified they are eligible for TAA and TRA. You can find general information about the program at https://www.doleta.gov/tradeact/. Specific details regarding the... — read more 

Apparently the lists are almost prepared. Global impact across a multitude of sites. EMEA to cough up 7% for chop.

Feels a lot like the joy of driving a high mileage Saturn Ion. You just keep driving down the road listening to all these bizarre sounds coming from under the hood. Not much you can do about it but keep on driving, and wait for the end to come when... — read more 

What will be the excuse this quarter?

There is so much age and gender discrimination in our department and through out the company. Experienced, loyal employees in their fifties and older are being pushed, their work taken and given to young unexperienced coworkers, mostly men, often... — read more 

Wow just got word of absolutely massive round coming with ~2,500 in the next 2 weeks

Any thoughts on the Program Management town hall with CD? Lots of growth, especially for Lake Mary /Orlando and, to a lesser extent Manchester, India, Brazil. In fact, CD said there would be growth in all locations, except for staying flat in a... — read more 

I've read the rumor of Dec. 2nd. But we have had layoffs the same time as Francis Barney meetings. Since we have another meeting this month with her and since no layoffs have happened in months, I am curious if anyone has any information if layoffs... — read more 

My life is fine right now, so before I hear any useless response that this post is sour grapes, let me stop you now. Yes, I was laid off this year after a long stint at BNY Mellon (aka dump). Now, I see the individual (Charlie boy) to all my... — read more 

Our team struggled with our manager. A young, c—y first-timer he didn't support us at all, and was often "working from home" but not logged on for days at end. He played favouritism to one guy, and the two of them belittled and bullied the rest of... — read more 

Managers are supposed to be making a fair assessment to filter out low performers vs high performers, however, besides doing this properly, they put their ego first and did the opposite. They retain all the freshers and low performers and kicked out... — read more 

What’s next ? How many are left ? Under 250 ?

Can anyone speculate Just how fast your beloved "Chainsaw Charlie" will move to start layoffs after he starts at Wells Fargo on October 21?

Somebody mentioned in another thread that some people were laid off without severance in one of the latest rounds - is this true? What's to stop them from suing the company? Because I know I would if that was to happen to me... As if I didn't have... — read more 

Even though I can’t say that I expect for things to get better in any way, whatever the leadership does, I’m curious to know what do you think the company direction will be after the new leadership takes the wheel. More of the same or something... — read more 

As expected. New head of HR tried to impress everyone with her “serious” analysis skills and how much work she did on the company before joining. After all, she is really used to working in a tech environment, not a BANK. With her moral... — read more 

BNY Mellon employees were today disabused of any quixotic notions they may have had regarding the clubbing-by-fabricated-review policy. They will, however, be permitted to receive their fabricated review in the convenience of their homes, since... — read more 

Everyone should provide honest upward feedback and HR should take these comments in consideration. Frankly, I wish it could be shared and reflected in the managers performance review. Yes, it may not be 100% but why should employees continue to... — read more 

Anyone hear anything on early retirement packages to be offered in December?

Anyone work in AIS? Has to be the worst division in the bank, toxic atmosphere and no plan, brutal systems

Anybody else hear the term for all payments regardless of seniority will be capped at 3 months starting in January? Are they expecting to lay off a lot more next year as cheaply as possible?

Have any ‘managers’ who lost their direct-reports as part of the spans and layers implementation argued for and then received SUB? In addition to job elimination and job discontinuation, there is also a clause in the plan that allows for SUB as part... — read more 

now that the Cs will be gone?

With Charles Schwab & Co.'s plan to ax just about 600 good American (wink wink) jobs and State Street's plans to almost 2.5K, it's stabler in custody on the lower rungs than at the higher echelons. This inversion of the norm may be an anomaly... — read more 

Don’t get me wrong, the last thing I want to do is defend him, but I tend to think that nothing will change now that he’s gone, which will ultimately prove that all of this was part of a larger policy to drive the company into the ground, and not... — read more 

How many CEOs are there at BNY? In a couple business lines I count nested CEOs multiple levels deep. Is this a resume padder or what is the business justification for this? Seems like an excuse to overpay for talent.

Anyone else suspicious about all the ‘rah rah’ e-mails that have been sent out since Friday and upcoming town halls/all hands meetings? Is there some iceberg in the water that our inept captain was steering us towards? God only knows how much CS did... — read more 

Richard Branson: clients do not come first. Employees come first. If you take care of your employees, they will take care the clients.

With many organisations reducing their physical footprint, does anyone think BNY will move to a central European hub? Prediction is a business centre out of Brussels with operations in Poland. Sales offices in Lux, Franfurt, London, Amsterdam... — read more 

but the circus hasn’t left town. Remember, the board hired this guy.

Hi - I am out of town and forgot to bring the number to call for sub payments. Would someone please post the number? Thank you!

In all honesty, does anybody think that whoever they put in the position of our new permanent CEO will be able to undo all the damage Charlie did to this place? I think that's an impossible task. We are past the point of no return - whoever takes... — read more 

A bit of reality....CS knew the writing was on the wall and jumped ship. The numbers are not recoverable. His plan was always short term as were the board. The slashing of numbers will continue and then a merger will be announced. Now all the people... — read more 

How is it that Chuck was so against telecommuting for BNYM staff, but he's doing exactly that by managing Wells Fargo (a San Francisco based company) from New York. Yet another example that shows the type of CEO and man Scharf is. Only... — read more