It's like the managers are slowly being snatched and replaced by beings who are cunning, deceitful, secretive, dishonest and ruthless.

Dont bother discussing employment issues with HR. Good old HR, the yardstick of morality in employee relations? Do not believe that for a second. Beware of our HR staff, they are fully aware of the poor and sometimes unethical practices from our... — read more 

I know this was deleted on a few places on this board, but I tend to think that a possibility of that happening has never been bigger. It’s almost as the leadership has already made that decision and are clearing the headcount to make the company... — read more 

Is it just me or does it seem that the only people left at BNYM are those who have not yet been hired by other companies? Everybody I know has already been laid off, left on their own or is looking for a new job. Literally everybody. I'm just... — read more 

Here in the US, it seems all top management positions are being taken by ex-JPM staff. Is a merger on the cards?

How's the overall situation in BNY ? Was it this bad in 2008 ?

I am a unit manager and I do not agree with any of the changes that are being made . but like another commenter said, I have a family to support and I can't just up and leave the job. It's not about having morals or not having morals, it's about... — read more 

Will the next layoffs be in a manner that they are targeting specific workers of departments? Hard to think we can bare to go through another big round in which they cut workers from basically all locations an with various job descriptions and... — read more 

Massive job cuts coming in remaining days of March ! Watch out ! Any more info on this? Are you just guessing or did you hear something concrete about this? I'm just so tired of constantly stressing about more layoffs that I'd really like to stress... — read more 

To the managers not taking a moral stance against the wrong doings, it makes you compulsory and just less of a decent person, in my opinion. You haven't refused to follow direction to purposely manufacture situations that disparage employee... — read more 

the business world has been taken over by two big ideas in the last 30 years. The first is that companies should solely focus on increasing their stock prices, and the second is that, to make chief executives care more about this, and attract the... — read more 

One of the nominees for the board of directors is the CEO. It may not change the result but the number of voters may show overall sentiment.

Get out now, with no guilt. Things will get worse before they get better. You have to look out for yourself, your health, and your family. Stay in touch with those you are fond of, and have faith that you made the right decision for your sanity... — read more 

So I've been applying to jobs and going on interviews outside of bny. At this point the job is affecting my health, that's how stressful my day-to-day work is. I supervise a team of 30 and it's just too much. I work 12-hour days 5 days a week and I... — read more 

Over the last 4 years, insiders at Bank Of New York Mellon have traded over $1,056,607,212 worth of Bank Of New York Mellon stock and bought 546,900 units worth $30,460,158 . The most active insider traders include Edward Ptrian Fund Manageme...... — read more 

Two ways to look at it if the numbers are not good. Either they wait until earnings date to announce further layoffs to soften the blow. Or, layoff now before earnings to write the losses off as a restructure charge in this qtr. -Either way not good.

Upvote this post if you have been laid off, or think you will be laid off due to either (1) an iNautix person or someone in Poland is taking over your job .... or (2) a millennial is taking over your job or is your new manager.

My 2018 manager was one of the many middle managers recently demoted. My new 2019 manager was formerly my 2018 second line manager (the manager of my 2018 manager). Anyway my new 2019 manager says that he is too busy to meet with us individually so... — read more 

BNYM is a big organization and we all know that the general opinion of the leadership is that there is a lot more fat to be trimmed. But what does that mean exactly? What headcount are they trying to achieve? How much more layoffs before they say... — read more 

From the BNYM website: https://www.bnymellon.com/us/en/investor-relations/index.jsp#meetourboardofdirectors "Communications with Lead Director: Any interested party, including shareholders and employees, may communicate directly with the Lead... — read more 

She needs to go. Hopefully the board will not renew her contract. She has accomplished nothing.

https://www.personneltoday.com/hr/is-bny-mellons-flexible-working-policy-reversal-a-step-back/

Whoever is picturing these layoffs as part of some plane restructure or a strategy i sadly mistaken. There is no strategy, no pattern, no method, they are laying people of wherever it is possible in a panic urge to save cost and keep the company... — read more 

It occurs to me that this slashing and burning and the share buybacks is probably chainsaw Charlie doing exactly as he was told.

www.marketwatch.com Front page. Hope the board is watching.

BNYM used its windfall of reduced taxes along with other revenue to buy back $3.3 Billion of its stock in 2018. While having record gross revenue and profit it still found $ to buy its own stock. Think about that as you ponder the 1.x% raise and... — read more 

If yes the current employees are bunch of waiting ducks to be hacked by mangement.

I think those on top even forgot they ever existed. People work so hard here, and what do they get in return? They are used by and stepped all over by the leadership that has no qualms about dismissing them like they never existed. Soon enough... — read more 

If you are that miserable in your job, why wait to “hopefully” get laid off. Take your life into your own hands and find another job, find your own happiness, find your own peace. You are the only person in control of what happens to you. Stop... — read more 

How do current employees keep themselves motivated in this scenario ? Laid off workers are lucky that way at least they are out of the rubble ! Personally speaking I'm finding it very difficult to work and focus with so much going on..

The way things are going on in this company is BNY sinking slowly or is BNY already under water ?

What a joke of a company. Firing people that get the actual work done and produce actual value, but leaving the managers that mostly don’t have clue and have very little contribution to any of the results. They don’t fool me hen they cut a lower... — read more 

I've actually been applying to jobs and I have now reached the post interview, reference checking stage at a large employer here in Massachusetts. The layoffs and constant department reorganization at my location has been horrible. I was moved to a... — read more 

Can we have a layoffs round at BNYM that will get rid of the useless managers, please? And then - a novel idea - we maybe replace them with people who know what they're doing? I'm so tired of never being able to receive an answer to any of the... — read more 

Let me tell you, I am a victim of being laid off. My first reaction was how could this happen to me. As time has gone by, I say thank God it has happened to me. The organization has been declining for years. The working conditions & atmosphere is... — read more 

As humiliating as that is, it’s our reality. The parts that can’t be outsourced abroad, will be filled with younger cheaper employees and the task to train the people that will replace our colleagues and us will fall on us. We might want to think... — read more 

This organization is now the worst place to want to work. Stay away. It’s going to be over soon. It used to be decent, thanks to the great humans who are humble and worked hard; they had real lives. No, not the overpaid executives who mainly “travel”... — read more