Not sure anything more even needs said

I'm not the person that should be making an apology but you are certainly owed one. Your legacy was tarnished beyond repair when a hack of CEO made a deal with the devil and sold your company to one of the worst in American history. I used to hate... — read more 

Blockchain is an existential threat, as tiw has stated, to BNYM and any financial services institution that provides custody services. However, this is a long term threat as blockchain requires a massive amount of distributed computing power and an... — read more 

Lower managers are to blame because they hire good and bad people but are to chicken to get rid of bad people. Remember mentality is still to equate power with how many people report to you regardless of their quality. So upper management have to do... — read more 

Some HR and recruiters are not needed since they are hiring far less people nowadays. If you're a recruiter, I'd start looking and then you will also know know what it feels like to get lied to and strung along for months only to find out the... — read more 

Do people who have left BNYM have any regrets about making that decision? I know a guy who ended in pretty much same circumstances as he was in here at his new job, so now I'm starting to worry that might be a universal experience - considering the... — read more 

How do grades relate to titles at BNY - especially VP and above?

They are laying off a lot of HR recruiters. That is the rumor over here. Heard it from the top. Is this really happening? Can anybody confirm?

Hello All, I was laid off as a part of January layoff, after few months I found new consulting Job. I informed BNY that I found new Job, I just received letter from BNY informing that my benefit will stop, in case if there is any mistake, please... — read more 

I am a current worker at BNY Mellon (been here over 5 years). To those thinking of coming to work here, my advice to you is to avoid at all cost. The atmosphere is toxic. The staff I work with and myself sit by our phones waiting for the call that... — read more 

Expect 14th floor technology to be hit hard.

The managers little minions who layabout will survive on May 20th and 21st like they do every round. It's why upper management is fooled. These friends of managers come to work with a positive attitude because they have no stress knowing they can... — read more 

There will be another big layoff coming the week of 5/20.

For those who is looking or already landed a new job, how do you describe your title to companies which have a transparent and clear structures? We have corporate title, functional title, and team title, and grade level. It's confusing.

Can someone explain what this means and the implications? The announcement says “Sinha will focus on developing partnerships with startups, accelerators, incubators and business partners to drive enterprise innovation and build ecosystems for all BNY... — read more 

I'm trying to decide if I should start looking for a new job or stay here to the bitter end - and I'm having trouble making the final decision. So I'm wondering if people who've already decided they're leaving on their own would mind saying what was... — read more 

What business unit is next in the line of reforming?

I can see why most of you got laid off.

Easy. It's the worker often recognized by clients, but rarely internal colleagues, whose manager has him/her doing most of the team's work so that employee is extremely frustrated and at their breaking point. The manager dumps most of the work on... — read more 

Asser Servicing CIO, former Pershing guy, announces departure earlier this week. Today, Pershing CEO announces leaving end of year.

About that recent comment made by BNY at the beginning of a town hall: 14,000-15,000 employees would be better off as just 8,000 superheroes. Over the past several years, BNY has been steadily thinning out resources. Those that remained absorbed the... — read more 

Its the new playbook every company is following, cutting middle mgmt and titles: https://www.marketwatch.com/story/this-theory-could-help-explain-why-wages-arent-rising-faster-2018-08-06?mod=newsviewer_click

Security wouldn't let anyone tap out with badges in Pittsburgh today. Wonder if they're upgrading the turnstiles to prepare for a combined company system. First badges with no branding. Then management acting like zombies. Now we can't use the... — read more 

Welcome to 21st century where AI and robotics process automation will make you less and less relevant at BNYM and pretty much every where in finance if you've been paying attention. Charlie is just starting. He will eliminate thousands of jobs. If... — read more 

A lot of people seem to be wondering why we are staying at BNYM considering everything that's been going on lately - especially the nonstop layoffs. Personally, I've invested too much of my life into this job to just up and quit. For some that might... — read more 

Long time employee who suffers daily. Posts on here always seem to get deleted. My name is not Albert Einstein, on the other hand, I am human. I have worked for BNY like a wet dog for more than a decade. It’s saddening

Does anyone know if GRS will have layoffs?

Tomorrow is the start of another week for many in this painful dungeon. It's a new week of yield curves, persistent volatility and toxic management. May the force be with you and I wish each will find some meaning within this insecure environment .xx

Seems to me the only logical explanation for the cutting in this degree is that they want to sell the company off and are cutting cost in that sense. If that was the case why don't they announce the potential seloff. The fact is that the company... — read more 

There's so many jobs because no candidate is willing to accept the position for the low salary knowing how bad things are at this company. No internal person will transfer knowing they won't receive the salary for the position for a year. They can... — read more 

Most self-proclaimed Management Guys used to be those kids who hang out with the bullies and laugh at their stupid jokes in school days .They do the same thing when they hold top positions in the organisation. Hire Managers who can bully their team... — read more 

I've been in this department for 6 years and we've lost many good people due to poor management. Lots of poor middle managers & the Managing Director is a terrible leader. We continually put people in positions of management who simply don't know how... — read more 

Nothing but lame corporate claptrap, replete with excuses for poor performance by senior management ("...but....but....the yield curve"). And it was awesome how Charlie responded to the question about profit sharing, saying essentially that our pay... — read more 

I have read multiple posts about managers walking through the work area and mistreating employees. I rarely see or hear from my manager. From my observation and break room conversations, most of the managers on my floor hide in their cubicles or... — read more 

Layoffs are here to stay and if we want to work at BNYM we better get used to having no job security whatsoever? Does nobody running this bank see that this could backfire big time?

They should be doing their job which is partly to reassure employees that they, the managers, are acting with the best interest of the team to balance incoming work with current resources while at the same time trying to find creative opportunities... — read more 

Bring your kids to work day is dreadful. Sorry to those that bring your kids, but do you really think they enjoy spending the day at our office? We can't stand being there and you want to put them through that dreadful agony! It's just a day for... — read more 

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