Managers need to be prepared for Charlie's next phase. That's right. Managers are now pilfering each other's workers wherever they can since no one wants to work at our company and they can't hire outside talent. Initiate the next phase....Once a... — read more 

BNY calls it “guidance” but there is a QUOTA for “below expectations and unsatisfactory”. We are REQUIRED to have a specific rating distribution for each performance cycle. If years of layoffs have let go of the actual underperformers, there is no... — read more 

Guys like Charlie must feel really inferior to entrepreneurs who had a dream and started their companies from the ground up. Jeff Bezos would be, like, "What do you know about having a great idea and building a company from the ground up? (nothing)"... — read more 

The company is imploding. It will become a mess from paranoid and disgruntled workers, -People bicker, set each other up. Expect jobs for life. The employees are low caliber and cannot get work elsewhere. -The management is inefficient, operates with... — read more 

Anyone else really annoyed with all the ads on this site? Ffs.

Yup, constant in-fighting, bickering back and forth, back-stabbing, setting up colleagues to look bad, dirty looks, jealousy, game playing . . . .this is not a description of junior level staff members! This is the daily behavior of our senior... — read more 

https://nypost.com/2019/06/04/bank-of-new-york-mellon-quietly-canned-five-from-bond-team/

Feel sorry for coworkers that are still there as they are now stuck being told to take on more work. As if they did not have enough already. Not much of a work/life balance anymore. Arguing amongst groups because of more work, deadlines promised and... — read more 

Ugh. Going to be a LONG summer.

It's hard for me to see the ones left behind. I regularly meet up with old colleagues - over the decades we became a family. The ones who left are the lucky ones. The ones left behind are really struggling with the complexities and workload. Most do... — read more 

People who have been laid off or quit, do you just go to a different bank or do you leave banks behind entirely? I'm asking because it looks like what's happening here is happening everywhere in our sector. It doesn't seem like any of the other banks... — read more 

Was it planned or not, I can’t really don’t know and don’t care, but the fact is that every single worker that had any sort of career choice walked out the door, either on their own or via layoffs. Not sure that hiring employees that were a... — read more 

We are all trying to leave this company! Managers care only about their checks!

Why are we bringing on these failures? is no one checking references anymore. Those “experts” sank the ship over there. Now their going to sink us.

Haven’t seen any comments about any further layoffs this week. Any updates? Please share. This is a question that @ZdoCNqp-6rxj originally asked on another thread, but I would like to get some updates on this, if there are any, of course

Yes, the current strategy has certainly 'worked'. Buy back 3 billion in stock with taxpayer money courtesy of DJT. Layoff everyone. Invest in crazy strategies like Greenfield and blockchain and shared desktop environments. Stock approaching a 3 year... — read more 

Good to see chronic work stress is finally being recognized... I think about 90 percent of BNYM employees are affected by this problem... — read more 

We get these frequently these days. Sometimes, with a fond goodbye for a person that gave notice. Other times, with no explanation of who “left”, just a reorganization of their people. It seems that we are losing leadership, through layoffs and... — read more 

Why was there no state tax taken out of my SUB pay? Anyone know?

In two sentences or less, a highlight of your day. Tell us how you REALLY feel! Example: I have a greater appreciation for a person that was just laid off, because I spent a few hours starting to learn theit job.

Someone else suggested this in another post. I just did so. It's also anonymous.

How long after sending back the paper work does the SUB start? Thanks

Or are these layoffs specifically to get rid of people with higher pay? When I say newer, I mean newer - less than six months with the bank. I'm asking because a lot of threads talk about people over 50 being targeted, being laid off, and very few... — read more 

There's no rhyme or reason to it. A (very good) manager at my location had stripped her office of personal effects and was hoping to get a package. She had been taken off a major project a few months ago, and she thought for sure that was the last... — read more 

I was let go and I am wandering if I am going to be able to get an electronic W2 form from BNYM now that I do not have user name and password access any more. Anyone knows?

Layoffs just started. They will continue to happen until the stock rises due to layoffs. Then he jumps with his golden parachute. This is pretty much it. So my advice is to get your resume in order and start sending it out. Job security is not... — read more 

If I get a new job but continue to keep my sub pay there is nothing that says there is a penalty for doing so. Only that I "may" be required to pay it back. So if I just save it and toss it into a MMKT account and they come after it, fine. If they... — read more 

Is there any logic that could be applied to the method in which they are performing the layoffs? Any way to tell which offices are up next, or are in more danger of being hit by cuts that others? From the layoffs that happened so far I couldn’t make... — read more 

I was a long term well-paid employee. Up until last year, my reviews were always excellent. Then to my shock, I was rated BE mid-year. Often times I observed coworkers literally doing nothing at their desks, sleeping, and gossiping openly over the... — read more 

Just my observation and it may not be true, but as far as I can tell any wave of layoffs hits the Pittsburgh office the hardest, that is, if we compare the layoff-number of employees ratio. Seriously, why are they doing this? If they want to close... — read more 

Lookout for the day after the Holiday. More layoffs on the horizon. If you haven’t figured it out yet, they can/will happen anytime. They spread them out to not draw too much attention. There is no “safe” period. My advice is stop checking this site... — read more 

It’s Never Been Easier to Be a C.E.O., and the Pay Keeps Rising. https://nyti.ms/2HSfaDy Easiest gig for Charlie. Over and under: less than a year left for big payday.

Has anyone received the Mid-year performance review mandate yet? I haven’t seen any emails about it. Is it too early?

After spending all night reading all the comments and complaints, he decided to accept another offer that was a little bit longer commute but no day-to-day drama with constant rumors of layoffs. He thanked me and said he would have been miserable had... — read more 

I'm curious as to how long in advance layoff numbers are approved and finalized before the employee is notified? I read on here that January layoffs were done in October. Thank you and good luck to all.

This is just a question that comes out of my own conclusions and not any reliable info or anything. With all the layoffs I’m sure some locations have been cut to that degree that there is no pong of keeping such a small headcount in a certain... — read more 

I was laid off in my 50’s and was successful finding another job. I used the outsourcing service which was excellent because my resume was in 1980’s style. I also was not giving myself credit for everything I know. So take as much resume advice as... — read more 

Seriously does anyone work at BNY anymore? Is the building going to be turned into a hotel? Myself and all the people I was friends with got waxed in January. It's almost funny. I feel like the homeless people are going to be taking over for refuge... — read more 

If you are over fifty, why even bother and try to do a decent job? It's not as if it'll matter in the end - nobody is looking at our performance when deciding who'll be laid off, just our age and pay. Our fate is already decided, it's just a matter... — read more 

Bnym GRS Tacoma had layoffs like everyone else here. Only 100 left. Rumors are most work is being shifted to Pune, Poland and Pittsburgh. Rumor is office is closing within next couple years.