Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

BNY Hiring Freeze

Word out of Pittsburgh is BNY currently has a hiring freeze. Any truth to this? I also hear movement within BNY is near impossible.

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| 12900 views | | 4 replies (last April 12, 2025)
Post ID: @OP+1jrjgxmnt

PIP completed what’s next?

PM at the end year review across the board… placed in a PIP in Oracle PIP states PASS moved to a different department any possibility of getting let go? Thoughts concerns!

Shrinking Locations…..

For the locations that are reducing in size…. Are you getting a new office? I heard in Edinburgh they are getting a new office, which is basically in a WeWork and has something like a 18 month lease. Embarrassing for BNY even consider a... — read more 

Time to thank Trump and his team ?

While worrying about being placed on the list for the next round, I’ve noticed the forum chatter has significantly quieted down. The focus has shifted heavily to the Trump-induced market meltdown, with everyone concerned about their shrinking wealth... — read more 

Is this the real life

Is this the real life? Or fantasy working at bny caught in a landslide, no escape from reality. Opened my eyes and realized Bny is not for me. I’m just a poor worker, I need no sympathy because I’m easy come easy go . Little high & little low any way... — read more 

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| 12940 views | | 3 replies (last April 10, 2025)
Post ID: @OP+1jrb6mfgq

WFH employees

Why are forced wfh employees being treated like anything but employees? We don’t get recognitions at all like in office employees are. not even on employee appreciation day. Not allowed to get promotions or give them either. BNY forced this situation... — read more 

Fidelity investment

What is the deal with this investment they put us all in at 1% or whatever a couple years ago. Do we get to cash that out soon or what happens with it at the end of their 3 year rule.m?

The audacity

BNY has the audacity to sever positions on like 3.20 for example and then you sign all the paper work when it’s released but not give you severance until, not the next pay period but the following. They need to adjust they severe period the following... — read more 

Let me be an inspiration

I was laid off early this year. I found a job right away and love it. Not every business is run like BNY, but because I was there 16 years, I thought they were. You CAN find something else.

Bank of Pune

I think I’m going to start a change.org petition to get the bank named changed. Who will sign?

Hiring freeze?

Hr called me said they are waiting for the role to be approved again? Wtf

Today

To all of my colleagues that got let go today. I truly am sorry and I know you’ll land on your feet. I want to thank everybody for their hard work and making a difference at BNY MELLON. The firm won’t be the same without every single one of you. — read more 

Culture

For a company that keeps touting their bumper sticker slogans about culture, I have never seen a worse culture of just miserable, beaten down employees.

P-M Propaganda

Like everything at this dump, the P-M propaganda stories are just that. HR reaches out to users after very senior mgt, asks the employee to do the little Q/A. Of course the employee isn't going to rip the P-M.... I have seen it firsthand... a P-M... — read more 

PTO during notice period

For those of you who have resigned since the longer notice periods were in effect, did BNY let you use your remaining PTO during the notice period? There is no official written policy on this, HR just says it's up to the manager. I plan to give... — read more 

Forty plus years of service at this company

Why do we have people with 40+ years and do not have basic common math and comprehension skills still working here. The math ain’t adding up. Get rid of the d**dwood !!!!!!! Jamie Dimon, please save us!

Working Together Changes - Recruitment

Does anyone know what the new hires are being told about office days? Constant rumours may go to 4 days for everyone (not just people managers). What is the messaging from HR when they recruit staff on this?

What's happening with this place?

The office is a disaster lately. Tasks that used to take an hour now drag on forever, and half the new hires act like they’re allergic to learning. Not trying to throw anyone under the bus, but it’s exhausting. Wondering if it’s just our team or if... — read more 

New Platform Rule

New Platform Rule per the managing director: Town-Halls are not optional. I guess this will be the new lay-off/ termination criteria. Maybe don’t schedule Town-Halls at 8AM. WHO does that? It’s 2 hours before my group even starts. We don’t get don’t... — read more 

Retaining talent?

How can the goal of retaining talent be achieved with only 2% salary increases?

Next UK office closures

I know the situation in Edinburgh but wondering if anyone has any insight into the next offices to be closed? Assuming Manchester is safe as it's a growth centre. London will always be OK.

Spans & Layers

What are people hearing about changes to spans and layers and how do people think they will be impacted?

Flex In-office requirement calculation

Has anyone noticed the Working Together calculation for minimum required days in office has changed (at least for Flex schedule)? The calculation is (20 possible days minus (-) # days taken off for holidays, vacation, WFA, etc.) x 60%. For all of... — read more 

Is this a GOOD sign?

I visit this forum to stay updated on potential layoffs at U.S. locations. It's been a nerve-wracking experience, narrowly avoiding the axe during the last few rounds. Lately, though, the discussion and activity here seem to have shifted away from... — read more 

P-M

Are they paying severance to employees being let go due to P-M? Or are they also being force ranked and let go?

Non-compete

Anyone know if there is a non-compete that is signed when hired at BNY? If we leave for another competitor is there a period of time where we can’t reach out to certain clients that BNY have?

Unlocking opportunity or Unlocking offshore to save $$

Got the annual report , p statements and associated propaganda all packed in it’s pretty plastic BNY bluey container. Net revenue only up 5% over last year and net interest is flat. Fees and other revenue (more on ‘other revenue’ in a second) are the... — read more 

Fathers Day Layoff ? What happened

I saw a post on impending layoffs planned in June and then it was removed as it degenerated into a political fight than a layoff information. Why was it removed ? Are moderators censoring ? Anyway does that information have any legs ?

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