I was laid off (or as it was described to me) became part of necessary downsizing at BNY Mellon in 2019. I don't miss a second of this foolish Company. The Department I worked in was full of people who had what appeared to be impressive titles, but... — read more 

Folks... The board is not going to get rid of Charlie. There will be more layoffs as cost cutting will continue. Also, don’t be surprised when Asset Management, Wealth, and Pershing are divested. This will make the company a much more attractive... — read more 

Unfortunately the layoffs and willing departures are continuing daily. Charlie has done more damage than good and has unfortunately done damage that cannot be undone. All levels of management are to blame for not acting with the morals that are just... — read more 

Two people were escorted out yesterday, from what I've heard. I know that's just two people and it doesn't really constitute a layoffs round, but if they do the same thing every day can we really say that layoffs are done? They can lay off hundreds... — read more 

The buzz around the NYC office is that Charles is in trouble. The recent 1st Quarter results have shareowners very unhappy and frankly the feel around the Company is just about everyone wants him gone. The feeling is that ever since he came along... — read more 

Just a heads-up - if you think you are safe because you've received a raise recently, you're not. Receiving a raise means absolutely nothing if your name is already on the list. I would know, I received a pay bump at the start of the year and now I'm... — read more 

I doubt that the management achieved what they wanted with the recent layoffs, and I also have no doubt that we’ll see a next round soon. Is there any info on when could the next layoffs ocur?

Whatever he was hired to accomplish, such as cleaning up his predecessor’s messes and moving the company forward, seems to be backfiring (despite his efforts to drastically cut expenses through layoffs). What’s the prognosis? Will he be replaced... — read more 

I see so many people saying they're staying in this mess because they're waiting for severance. Everybody seems to forget that severance is not a guarantee. The law does not dictate that the bank has to pay it. And I wouldn't be surprised if BNYM... — read more 

Instead of taking responsibility, what else can we blame on the yield curve?

Even though I know that all of these layoffs have been done out of nothing else then pure cost-cutting to buy the failed company some time, the fact that they are presenting them as something necessary to heal the company and make it better really... — read more 

I am the best man for this job. I can fix this. Part of this mess is due to substandard employees. I will get rid of them. But I can't control everything, and overall market conditions are the main 'head wind'. Our bad performance (measured by... — read more 

It's safe to say that's a "B.E." rating for Charlie? I suggest "corrective action", per company policy (fire him).

BNY Mellon Tumbles Most Since 2015; CEO Warns of Yield-Curve Woe (Bloomberg) -- Bank of New York Mellon shares tumbled as much as 8.8 percent in early Wednesday trading, the most since August 2015. Earlier, the bank reported earnings per share, net... — read more 

Can you people seriously STFU with the cannibalism babble? What department do you people work in with this type of talk? I have been with the company for going on 30 years and have friends spread across many departments. Most of the people I have... — read more 

Lots of “good excuses” but we know how layoffs and disorganization have affected morale and productivity. And maybe some KARMA going on! Hey you “capitalists” out there: looks like a BAD investment, getting even worse!

I'm sorry to learn about your situation. Unfortunately it has happened to so many people. I was a 20 year employee of BNY Mellon (Mellon and ABN AMRO Mellon) before I was laid off. It is shameful the way management has been behaving in recent years... — read more 

I used to take pride I come from BNY Mellon during interviews , knowing this company stands a very little chance in the market today . They just don't want to hear anything about our Job profile at BNY Mellon as it does not mean bat sht to them when... — read more 

Look, we are nothing but a number, a 'productivity unit', a means to an end designed to transfer wealth to stock holders. We are nothing more than that to people like Charlie, Bridget, and those of their ilk. It is the sad truth of modern state... — read more 

I was laid off in 2019 after a long tenure with this shameful company. As I still try to process what happened to me, I keep thinking about all the people around me that knew this was going to happen. They let me continue to work myself to the bone... — read more 

Google “Charlie Scharf triplex” and you can see the tremendous amount of research Charlie spends on a personal investment. Pretty embarrassing tbh. So he didn’t ask anyone the history of the home to find out about the 18-year construction project?... — read more 

So, I see from an article last fall that Bank of New York Mellon CEO Charlie Scharf was ready to plunk down $18.5 million for his dream home — a triplex penthouse with panoramic views overlooking Central Park West. He's run into some problems with... — read more 

In London there was a Head of Governance who didn't know a thing about governance and he ignored advice given by the experts. A bit of a joke. get rid of him already. I did like Hani though. He was one of the good ones. Good people left and will... — read more 

Did she just say the goal is to reduce technology from 15,000 to 8,000 people?!

I hope everyone can see this latest news about this joke of a company. They continue to try and come across as forging ahead as this modern day exemplary place to work. Get it straight BNY Mellon. You are known as a dinosaur of a company that nobody... — read more 

Diversity at its finest at the all Boys club..

Can you apply for an opening at BNYM without risking your severance? If you can, is there any time limit between being laid off and being able to reapply?

How pathetic that the company needs to cancel an event that they hand out pennies to a handful of employees. Run for the hills; only going to get worse. I have nothing but bad things to say for this company.

Have any New York employees looked into this law? New York State Worker Adjustment and Retraining Notification ACT requires employers with 50 or more full time employees to provide at least 90 days advanced written notice of mass layoffs... — read more 

https://www.marketwatch.com/story/ceos-set-to-go-under-microscope-at-house-hearing-on-holding-megabanks-accountable-2019-04-08

BK now “partnering” with arch-rival BLK. Actually just buying Aladdin software from BLK. Bending the knee and kissing the ring. Once implemented, unfortunately likely to automate lots of jobs.

Any reliable info? I just can’t believe that the layoffs are done and I suspect that they will continue throughout April, if nothing in smaller batches, so I ask has anybody heard anything and If yes, where can we expect them to occur and in what... — read more 

Because of the numerous onslaught of nonsense posts recently, I believe the person is a paid Influencer. The purpose behind such ridiculous posts is to keep them 'active' therefore pushing relevant information down so it is not easily accessible. It... — read more 

Apparently I’m blocked somehow. When I try to post, it just disappears and I’m back where I was. What’s up with that?

I was layed off in Chennai, India. I was a very hard working guy. I changed two managers in the same team. I was working in the ascends building. My two managers were like two balls of their manager and this guy was the thing hanging of his white... — read more 

Did anyone ever have to work off clock? We were working overtime in my department and now all the sudden we have to adhere to a 40 hour work week no more even slightly or our time will be rejected by management. Is this legal ? It seems now ot is for... — read more 

I went to interview with a big investment bank. they told me we are not interested in your BNY work experience , tell us about what work you did at your previous employer ( another investment bank ) . For 5 seconds I was just shocked. This is the... — read more