Not sure how many were impacted but know some in Global Payments were let go today all in favor of the needful. More good Americans now jobless because Robin Vince favors Pune scammers

Almost 2 years ago, I saw news that BNY Mellon had planned to expand the Lake Mary, Florida office. Has there been any updates? Also what is it like working at the Lake Mary, FL location. Real answers please and thank you. I have no plans on... — read more 

I was told that you get severance if you at least had “meets” on your review(s) and you were laid off. I was also told you do not get severance if you had a bad review and/or were fired with cause. Is this true?

Does leadership have an AI backup plan? So many companies are realizing AI isn’t going to save them any money. It’s producing too low quality of code and is costing too much in compute. The biggest misconception for people is that AI is already an... — read more 

Have you all noticed the significant amount of leadership attention being given to our new analysts and interns lately? It's quite fascinating to observe this trend, especially with all the packed events in NYC and other locations. It seems like... — read more 

There’s no sense of team spirit, no clear vision, and nobody actually guiding people forward. How this place is even functioning is beyond me.

There is zero doubt. Not only did I already know this and have had discrete discussions with management, but I had the shocking experience experience of overhearing a very high higher-up talking about this situation to who I assume was a colleague in... — read more 

they are useless. they WFH and put their status' as "busy" while they are at the hair salon and grabbing iced coffees, posting about it on social media. or they are in another country cause it's so convenient to travel around in europe with teams... — read more 

That’s the only thing you can truly count on working here. So I’ve stopped getting invested. There’s no real career path, no long-term payoff, and definitely no sense of job security. I treat my role like a temp position now. I show up, get my... — read more 

Is it possible to quit and collect unemployment benefits in NYS?

So many MDs have job postings on their teams for Director or below that require something like an MBA or CFA, yet these same MDs only have a bachelors. I realize this isn’t specific to BNY but as someone in that network I’ve been seeing so much of... — read more 

Would love to hear from those that left BNYM and went on to other places and found success.

What is the deal with the new titles? Seems like it’s going to combine J and K and o may have one level VP. What does that do to someone who was in line for a promotion from J to K? Will the salary bands change??

I'm a manager in Manchester and I have just been told today that despite what the in office scorecard for flex employees is telling my team, they must start doing 4 days a week from 1st September (despite one week to go of the 4 week period). Seems... — read more 

Hi everyone, has anyone heard any credible updates or timelines regarding potential future layoffs? Just trying to stay informed and plan accordingly. Thanks in advance.

All our job reqs went to Pune very recently with no more hiring locally. We all of a sudden must train brand-new Pune people with zero knowledge (fresh off the streets) to do the work of several veteran subject matter experts? This directive "just... — read more 

Besides unemployment, if you aren't fired (with cause) and are "just" laid off (zero fault of your own-outsourcing; no bad reviews), DO you receive severance? Also- is it one pay per year? Example- I have been here 9 years, so that is 9 pays: right?

I know there are previous posts about your 401k after leaving but I don’t feel like going back to it. i just hit my 3 year mark and plan on leaving for better opportunities come January after the match is locked in. I have about 30k in via and would... — read more 

Something is happening in Cork office, rumours are spreading between departments that office is closing down. Any insights?

Can anyone explain what is happening to the Agile Flex? Is this continuing from September, or these staff being moved to the Flex 4 days office?

Any laioffs this month?

If they offered?

So I work in Everett and we are being told 4 days a week will occur for some time now it's fine I get it. I am on a specific client so I am in a certain secluded area, what I do not get is there is now being asked to return on specific days per... — read more 

I just heard from my friend in Marketing about the crazy bonuses they receive. A SVP last year in pershing marketing got $80,000 bonus and in Wealth Management an associate got $40,000 bonus. I am in wealth tech and my bonus is only $15,000. I am... — read more 

I’m the third person on my team to get booted shortly after turning 50 within the past year. Nothing like being pushed out right when you're supposed to be at your peak.

I have heard from multiple people that some groups are not having to go into the office four days a week in a month. TSG and some folks in TS are exempt. While this is great for them, what the actual F. This place just wants us gone. I won't say... — read more 

I keep hearing that things will get better but it feels like all leadership watches are spreadsheets. Goals keep climbing while pay sits still. I am already looking around because I do not think this place values people over metrics.

I was just laid off this past week. I am 60 and I want to cash out my 401K. Either a check for the full amount or direct deposited, how do I go about obtaining my money? Does it take long?

I work in a back office operation (50K-plus, no bonus, no client facing). If I just up and quit with no notice (other than on the day via letter, per se), there’s nothing they can do, right? What happens if you quit BEFORE using any vacation days? I... — read more 

I'm in a US-based department at BNY. Our Pune counterparts typically return / dump their work on us throughout their shift. Some of us in the US are thinking that Pune employees might have an end-of-day cut-off, or possibly India needs to clear... — read more 

Will i get a bi weekly paycheck on 9/15 and 9/30 If notified that my last day is 8/29 ? Also is Healthcare covered through 9/30?

One after another, all members of Pershing’s technology leadership team were either let go or resigned. Leadership positions have since been taken over by individuals from BNY Wealth and Albridge, many of whom lack a solid understanding of the... — read more 

Couple of people I knew were let go. Some received severance and some did not. One of the guy who was on PIP got no severance. Be careful and document everything. Make sure your boss is happy.

The company has zero loyalty to anyone who’s been here for years.

What a waste of time! A large portion of the people team is remote and will be laid off. Why can’t we ask real questions instead of the pre-programmed questions about AI? Shannon says “we cannot communicate too much”. Yet, when it comes to the... — read more 

Does anyone have info on a new site potentially opening in eastern PA? This new location would create a home for those displaced by the sale of KOP.

I am just amused that they promote free Starbucks coffee as one of the great perks when you work at BNY. The CAO who looks like an ET mentioned in an interview with a magazine that free coffee is where people share ideas. If your employees can be... — read more 

How does this place manage to keep ANY clients?

Notifications of employees impacted in next US separations round will commence on Aug 25 with termination on September 23. There will be additional US separation cycle added this year. Names/roll due October 9. Notification date Nov 3 and last day... — read more 

What is the typical bonus for a software engineer in the US? For example a vp backend engineer making 140k a year, or an associate level QA making 88k a year, or a senior associate full stack engineer making 110k a year. These are just some examples... — read more