I have been with the company for around a year and a month. In my short time with the bank Ive had three different managers, seen tons of layoffs and even got a promotion. In my first position I had no leadership which is something I desperately... — read more 

I work in BK and the morale is awful. Every day walking into my office is like walking into a morgue. Each floor is half vacated, you can hear a pin drop. Heard Aug 19 is going to be a blood bath with layoffs and then more Dec 2. Very sad. Managers... — read more 

Has it been two years now?

“It’s not me; it’s them. It’s not me, it’s them.” His sneering but composed demeanor in the Town Hall betrayed a man so wedded to his own views that he is oblivious to his own deep deficiencies.

The great divide widens with the executives at this company keeping a greater share of the profit while cutting staff, bonuses, raises, and benefits in general. Despite the company not meeting Wall Street quarterly expectations, senior executives... — read more 

is it 2 months even for CA employees? i thought that does not hold good in CA

Talk about a slap in the face. I was let go during the first wave of layoffs...I gave them several years of my life, often doing the work of two people because my group's turnover was so high, for my position to be supposedly eliminated. I'm still... — read more 

Prepare for movement and announcement in mid August. Tier of managers to be let go as several lines of business to be sold off. This is going to be big. Severe pressure to grow Poland at expense of UK, Germany and Ireland jobs.

It’s just too big to be acquired as a whole. It would have to be sold off in pieces. Sell what you don’t want to be a core business and keep what you do. WM is probably something to sell off. This reply on another thread by@10bcojfL-2nxs got me... — read more 

“We understand, that by putting you in a no-win situation, we have assaulted your mental heath. To make us feel better about what we have done to you, today we offer ‘Healthy Eating Tips,’ including samples of slightly overripe fruit, pointers to... — read more 

Sorry if this is covered further down thread but does anyone have confirmed details on the severance policy? 2 weeks for a year is widely confirmed but I heard secondhand that BNYM requires you to also qualify for unemployment (ie need to prove... — read more 

Can’t take the backstabbing, poor planning, bad management and obsolete technology. Please let me go in August!

Not sure what else to say. It’s all been said before. Company says lots of words but still sounds clueless. Managers and workers complain. Wrong people eliminated, rely on who is left, and wonder why mistakes happen. Hey BNY: you... — read more 

I think a day doesn’t go by that someone doesn't mention in some context that BNYM will be acquired by one of the other companies in the banking sector. I relation to that, I wanted to start this thread and get some opinions on how plausible is that... — read more 

Everybody ready to be insulted — and reminded by our porcine CIO that she would like to see HALF of us gone?

I expect the next round in August will be my wave. Supposing I do get 'staff actioned' and start collecting whatever the package provides, do I lose it if I get part time work? I would be open to taking a 3-4 month 'paid vacation ' but not really... — read more 

Do HSA funds stay with you after you are gone from the company? Or for those funds go back to Bny?

As Chairman & CEO at BANK OF NEW YORK MELLON CORP, Charles W. Scharf made $9,383,885 in total compensation. Of this total $1,250,000 was received as a salary, $4,193,750 was received as a bonus, $0 was received in stock options, $3,875,777 was... — read more 

If someone asked me this question a couple of years ago, I would find him eather stupid or uninformed, but the way things are panning out,it seems like a valid question to ask now. So, where do you see the company in 5 years time and will the company... — read more 

So the guy on the 15th floor is not done yet. If his savage predecessors had not put the long existing pension to bed a lot more long term employees would have left if their own accord. No sub $$ would have been necessary

After 700 laid off so far this year, 49,100 employees as of end of June, compared to 49,800 three months prior and 52,000 a year ago. And BNY says there is a lot more to do. That could mean more layoffs, so plan for the worst, and hope for the... — read more 

So a manager in my department is hosting a series of workshops on resume writing. Should this be a cause for concern? It has drawn a large interest from my fellow colleagues but I am not sure how many actually attended the first meeting. Could this... — read more 

https://www.bizjournals.com/pittsburgh/news/2019/07/18/bny-mellon-eliminating-unnecessary-management.html

2 weeks for every year- does this apply if you were given a bad performance review and then fired? Any circumstances that you would not get 2 weeks for every year?

Not really lay off related, but noticing that the CT Sales staff are all leaving for competitors......

Have they not been paying attention? I was talking to a coworker who was completely unfazed by all the layoffs around us, because - and I quote - he knows his years and experience make him too valuable to lose. And this is after we've lost... — read more 

We now see a climate where many employees smile at the firm’s specific failures and overall poor performance — because it means the tyrant that has made their professional lives a living hell through his unethical behaviors may be dismissed sooner... — read more 

So long Chuck

BNY Mellon results hit by tepid markets and negative yield curve Trust bank says it contended with ‘difficult operating environment’ in second quarter Peter Wells in New York 9 HOURS AGO Bank of New York Mellon continued to battle a... — read more 

Earnings was below expectations.

The latest is - Break walls, think enterprise, welcome open offices. And then the lemming continues to regurgitate stuff that Charlie and Bridget spouted off in their town halls So many at this bank can’t think for themselves. And blindly... — read more 

Most posts lately are completely off topic. Curious to know if the BNY layoffs are still taking place and if they are, where in the organization. If anyone has any information, please share. Thanks

we got the qtrly email listing excuses as to why Chuck should be rated as BE but instead was given 16 million last year. expenses continue to be reduced yet this imbecile still can’t boost revenue & some lemmings rate his communication as 5... — read more 

Or at least that’s the case at my organization. Only the people close to retirement are still there nd a few folks that can’t get a job at other companies. Given that older folks are the first ones on the chopping block when layoffs arriving, it all... — read more 

Hear there are layoffs in Europe today. Any evidence of this?

Anyone attend this mornings meeting? Hood and the HR rep discussed the performance reviews and the ratings. He emphasized that 10% of staff MUST be rated Below Expectations. “ No exceptions!” Hood said that anyone that doesn’t rate 10% of staff... — read more 

Fintech galore. Partnership. Paradigm Shifts - go watch black magic (source below): Archived video - https://streamable.com/ynuin WATCH: Executives from JPMorgan and BNY Mellon tell fintech founders the best ways to partner with large... — read more 

This weeks propaganda continues to mostly center around Diversity and Inclusion. Lemmings eat this up not realizing this is a management tactic to keep us from realizing and talking about everything else going on, such as the massive amount of... — read more